The billionaire owner of Amazon and The Washington Post, Jeff Bezos, announced at Instagram the "Bezos Earth Fund" project, which is expected to launch in the summer of 2020. This is an initiative undertaken by Jeff Bezos following requests and pressure from its employees. Amazonto more actively address the issue of environmental protection. This is a major issue, as climate change is constantly exacerbated and immediate mobilization and co-operation from all over the world is needed. So Bezos is going to borrow $ 10 billion to help "kick-start" the action.
It is worth noting that the $ 10 billion represents just 8% of Bezos' total wealth, valued at about $ 130 billion, putting Bezos first on the list of the richest people on the planet.
This initiative by Bezos is one of the largest charitable commitments to date, according to the Chronicle of Philanthropy, following the $ 36 billion funding paid by Warren Buffet in 2006 and the $ 16,4 billion by Helen Walton, the last wife of Walmart founder Sam Walton in 2007.
In addition, Bezos pledged to stop using coal by 2040, ten years before the deadline set by the Paris agreement to tackle climate change. At the same time, he spoke of 100.000 electric lorries by 2024. Bezos stressed the need for collective action and cooperation from large companies, small companies, national states, global organizations and individuals, while reducing the consumption of fossil fuels to address them. of the problem of climate change, which is the biggest threat our planet has to face. Finally, he expressed his desire to work with others and to use every possible means to combat the catastrophic effects of climate change.
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