Jeff Bezos Pledges $1 Billion Toward Protecting ‘30% Of Land And Sea By 2030’

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The Amazon founder’s commitment to the Earth Fund accounts for about half a percent of his net worth.

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An environmental fund founded by Jeff Bezos has pledged $1 billion to an effort to “protect 30% of land and seas by 2030 to prevent mass extinctions and resilience to climate change.”

Bezos Earth Fund, which heroine Founder launched last year, announced its commitment For the “international goal” on Monday. Bezos is the richest person in the world with an estimated worth of $195 billion. according to forbes. The new pledge represents about 0.5% of his net worth.

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The pledged amount will “prioritize areas that are important for biodiversity and carbon stocks and emphasize the central role of local communities and indigenous peoples in conservation efforts,” the fund said. It will also focus heavily on regions such as the Congo Basin, the tropical Andes and the tropical Pacific Ocean..

The fund’s press release states, “Conserving 30% correct land and marine areas can protect up to 80% of plant and animal species, secure 60% of carbon stocks and maintain two-thirds of clean water.” can keep.”

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Bezos, Joe Spent about $5.5 billion To go into space earlier this year, has paid an effective tax rate of less than 1% in recent years, According to ProPublica.

“The natural world is no better today than it was 500 years ago, when we enjoyed the pure forests, clean rivers and pristine air of the pre-industrial era. We can correct this discrepancy,” Bezos said in the press release. More should be done.” “Coming in with the right focus and ingenuity, we can reap the benefits of both our modern lives and a thriving natural world.”

The Bezos Earth Fund is a $10 billion commitment by Bezos to “finance the scientists, activists, NGOs, and other actors who will drive climate and nature solutions.” Bezos claims the funds are to be fully allocated by 2030, which is the year to achieve the UN’s Sustainable Development Goals.

Bezos’s philanthropic efforts have often criticized For to fade. Before 2017, it was Not clear what centibillionaires were willing to support A stark contrast to fellow billionaires like Bill Gates and Warren Buffett, whose philanthropy efforts are widely known. Notably, Gates and Buffett (along with other billionaires) have both signed the Giving Pledge, which promises to donate or give away more than half of their wealth, while Bezos has not.

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