Jeff Bezos’ $10 billion to fight the climate crisis can make a difference—if spent correctly
Bezos at the opening of Amazon Spheres in 2018 (Seattle City Council/)On Monday, Amazon CEO Jeff Bezos announced that he was launching a $10 billion dollar fund, the Bezos Earth Fund, to address climate change. “I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share,” he wrote in an Instagram post. “This global initiative will fund scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world.” Bezos said that he’d start distributing grants this summer. After initially dragging their feet, Bezos and Amazon seem to be attempting to use their power to address the climate crisis. However, the announcement is scant on details, and the real impact of these changes depends on how that money is spent—and whether Bezos can follow...