📺 Stream EntrepreneurTV for Free 📺

Jeff Bezos Pledges $2 Billion to Battle Climate Change After Flying to Conference on Private Jet The Amazon founder's grant program, known as the Bezos Earth Fund, will allocate a total of $10 billion to environmental protection.

By Entrepreneur Staff

entrepreneur daily

On Tuesday, Amazon founder and former CEO Jeff Bezos announced a $2 billion pledge to battle climate change at the 2021 United Nations Climate Change Conference, or COP26, in Glasgow, Scotland, which he flew to on his private jet.

The $2 billion commitment is part of a larger $10 billion pledge from the Bezos Earth Fund, which aims to "enhance nature and advance environmental justice and economic opportunity" by 2030, according to Bezos.

"Our commitment today supports a three-fold imperative — we must conserve what we have, restore what we've lost and grow what we need in harmony with nature," the billionaire continued. "Investing in nature through both traditional and innovative approaches is essential to combat climate change, enhance biodiversity, protect the beauty of the natural world and create a prosperous future."

The $2 billion commitment will be added to the $1 billion pledge announced in September at Climate Week NYC. The total funds will be allocated to nature conservation, landscape restoration and food-systems transformation, the press release states.

Related: Prince William Slams Space Billionaires, Says We Need to Focus on Saving Earth

The billionaire has repeatedly called climate change the "biggest threat" to the Earth, and he's credited his recent travel to the edge of space, which first took place in July aboard a rocket designed by his aerospace company Blue Origin, with altering his perspective on the planet.

"Nature is beautiful but it is also fragile," Bezos said at the climate conference. "I was reminded of this in July when I went into space with Blue Origin. I was told seeing the earth from space changes the lens through which you view the world, but I was not prepared for just how much that would be true."

Bezos wasn't the only leader to arrive at the climate-change conference via private jet, spurring accusations of hypocrisy. Per BBC News, the aviation analytics company Cirium said 76 private jets touched down in and around Glasglow in the four days leading up to the start of the conference.

These flights produce greenhouse gases, primarily carbon dioxide (CO2), by burning fuel, which contributes to global warming.

Related: Over 100 Thousand Sign Petition to Not Allow Jeff Bezos to Return to Earth After He Goes to Space

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Science & Technology

Brand New GPT-4o Revealed: 3 Mind Blowing Updates and 3 Unexpected Challenges for Entrepreneurs

Unveiling OpenAI's GPT-4.0: The latest AI with vision, auditory, and emotional intelligence abilities is revolutionizing industries. How will it affect your business?

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business Culture

Hybrid Work Is Failing Your Employees — Here's Why (and What You Can Do About It)

Business leaders are trying to choose between in-person and remote work. This leads to hybrid, which just isn't effective. Here's why.

Leadership

You're Reading Body Language All Wrong — And It's Putting Your Next Business Deal On The Line. Decode Non-Verbal Cues By Following These 5 Steps.

In the intricate dance of business meeting negotiations, the nuances of communication become the fulcrum on which decisions balance. For the astute entrepreneur, understanding body language is not just a skill; it's an imperative. However, relying solely on isolated gestures can be deceptive. To truly harness the power of non-verbal cues, one must grasp the concept of "clusters."

Business News

The Music Giant Behind Beyoncé, Harry Styles and Adele Bars ChatGPT From Using Its Songs

The world's largest music publisher sent letters to more than 700 companies demanding information about how its artists' songs were used.