It released 71.54 million metric tons of carbon dioxide in 2021, an 18 percent increase from 2020 and up 40 percent from 2019. However, the company’s emissions have actually grown in the past few years, according to Amazon’s most recent sustainability report. “That means that we can go into things knowing that they may fail, if we believe that the potential return is large enough.”īezos is also the founder and chair of Amazon, which in 2019 pledged to meet net-zero carbon emissions by 2040, ten years ahead of the goal set by the Paris Agreement. In the past three years, Jeff Bezos’ climate philanthropy fund has met 16 percent of its goal to give out 10 billion in grants by 2030. The fund operates like a venture capitalist, said Steer, meaning it takes high-risk actions with the potential for high-impact. com founder Jeff Bezos received France’s highest honor at a private ceremony hosted by President Emmanuel Macron at the Elysee Palace last Thursday, according to people.
In order to invest its money strategically, the Bezos Earth Fund uses the System Change Lab, which tracks climate progress through data and analysis to identify which initiatives will be most successful, Steer told Zero. Andrew Steer, CEO of the Bezos Earth Fund.
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