Bezos Earth Fund on Tuesday declared a $2 billion pledge to combat climate change through landscape restoration and agriculture system transformation.
In a statement, the fund’s founder, Jeff Bezos, stated, “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 $2 billion pledge made at COP26 is part of a $10 billion pledge made earlier this year by the Amazon founder to spend by 2030 to combat climate change.
The Bezos Earth Fund intends to invest $1 billion mostly in the United States and Africa, planting trees to protect deteriorating landscapes and rebuilding carbon-capture zones. The remaining $1 billion will go toward modernizing agricultural systems in order to boost crop yields, reduce food waste, and encourage people to eat more plants. Indigenous communities would receive $1.7 billion in funding, according to plans.
At COP26 on Monday, a group of countries and corporate donors announced plans to invest $1.7 billion over the next four years to help Indigenous people and safeguard biodiverse tropical forests.
The money will be used to assist “activities to secure, strengthen and protect Indigenous Peoples’ and local communities’ land and resource rights,” as well as other types of aid, such as for group activities, according to the US, UK, Norway, Germany, the Netherlands, and 17 other private funders.
In a statement, the donors said, “We call on other donors to significantly increase their support to this important agenda.” It didn’t say which communities will benefit from the money.
The Ford Foundation, one of the founders, told The Associated Press that the governments will contribute around $1 billion, with the balance coming from philanthropies. Amazon founder Jeff Bezos’ Bezos Earth Fund and former New York City Mayor Mike Bloomberg’s Bloomberg Philanthropies are among the funders, in addition to the Ford Foundation.
Apart from this, you can also read Entertainment, Tech, and Health-related articles here: Lionel Messi net worth, Keanu Reeves net worth, The Equalizer 3, The 100 Season 8, Gina Carano net worth, Bruno Mars net worth, KissAnime, Jim Carrey net worth, PDF Drive, How to delete Reddit Account, Sweet Home Season 2, How much are pearls worth, Rainbow Kiss, MovieRulz, Sex Education season 3, NFL Live Stream, Youtbe, Bailey Sarian Net Worth, Bollyshare, Afdah, Moviezwap, Y8, Jalshamoviez, Project Free TV, Kissasian, Holiday Season, Sears Credit Card, GoDaddy Email, Mangago, Jio Rockers, M4uHD, Hip dips, M4ufree, NBAstreams XYZ, CCleaner Browser review, Avocado Calories, Bear Grylls net worth, Highest Paid CEO, The 100 season 8, Sundar Pichai net worth, Grimes net worth, F95Zone, Sherlock Season 5, Homeland Season 9.