Bezos Puts $1 Billion of $10 Billion Climate Pledge Into Conservation

The New York Times

September 20, 2021
Jeff Bezos, the Amazon founder and one of the world’s richest men, announced plans on Monday for $1 billion in conservation spending in places like the Congo Basin, the Andes and tropical parts of the Pacific Ocean.

The announcement was the latest step in his largest philanthropic effort, the Bezos Earth Fund, to which he pledged $10 billion last year. “By coming together with the right focus and ingenuity, we can have both the benefits of our modern lives and a thriving natural world,” Mr. Bezos said on Monday at an event in New York.

The money will be used “to create, expand, manage and monitor protected and conserved areas,” according to a news release from the fund, which also introduced a website on Monday.

The initiative is intended to support an international push to safeguard at least 30 percent of Earth’s lands and waters by 2030, known as 30x30. The plan, led by Britain, Costa Rica and France, is intended to help tackle a global biodiversity crisis that puts a million species of plants and animals at risk of extinction. While climate change is part of the problem, activities like farming and fishing have been even bigger drivers of biodiversity loss. The 30x30 plan would try to slow that by protecting intact natural areas like old-growth forests and wetlands, which not only nurture biodiversity but also store carbon and filter water.

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