Jeff Bezos commits $10 billion to fight climate change

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Photo courtesy: MGN Online

NEW YORK (AP) – Amazon founder Jeff Bezos says he plans to spend $10 billion of his own fortune to help fight climate change.

Bezos, the world’s richest man, said in an Instagram post Monday that he’ll start giving grants this summer to scientists, activists and nonprofits.

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Bezos says he will call his new initiative the Bezos Earth Fund.

An Amazon spokesman confirmed that Bezos will be using his own money for the fund.

Bezos, who founded Amazon 25 years ago, has a stake in the company that is worth more than $100 billion.

Amazon, the company Bezos runs, has an enormous carbon footprint.

Amazon officials said last year the company would work to have 100% of its energy use come from solar panels and other renewable energy by 2030.

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Bobbi McSwine joined the ABC 36 News Team in March 2020. She started as a Web Content Producer in November 2019. She was born and raised in Chicago, IL, known to many as the “Windy City.” She studied journalism at the University of Illinois in Urbana Champaign. While in school, she had a number of internships ranging from Free Spirit Media, ABC 7 Chicago and Illinois Public Media. She fell in love with writing in high school and paired that with a newfound passion for storytelling in college. She misses her hometown, but she loves the horses and rich history in Lexington. When she’s not working, she’s probably listening to music or binge-watching Netflix. She’s always looking to get to know more people in Central Kentucky, so feel free to shoot her a message on Facebook @BobbiWTVQ, follow her on Twitter @McSwineB_News, or send her an email at bmcswine@wtvq.com.