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The Latest Breaking News from Bezos Earth Fund

Jeff Bezos fund ends support for climate group amid fears billionaires ‘bowing down’ to Trump

Concerns raised as $10bn Bezos Earth Fund halts funding for Science Based Targets initiative, which monitors companies’ decarbonisation

The Guardian - UK

The Bezos Earth fund has pumped billions into climate and nature projects. So why are experts uneasy?

Jeff Bezos’s $10bn climate and biodiversity fund has garnered glittering prizes, but concerns have been voiced over the influence it can buy – and its interest in carbon offsets

The Guardian - UK

Wealthy individuals are giving billions to solve the climate crisis – is it working?

One of the best parts about being The Conversation is when we actually have a conversation in real life. And finally, we did just that recently with a fascinating event, co-sponsored by The Chronicle of Philanthropy, The Associated Press and GBH. Here is a recap from the Chronicle of Philanthropy.

The Conversation

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Foundations call for cooperation, some new pledges at COP27

Philanthropic foundations have made some new commitments at the U.N. climate conference in Egypt over the past two weeks

The Independent UK

People react to Jeff Bezos’ pledge to give away most of his $124bn fortune: ‘You don’t have to pledge’

The Amazon founder says the ‘hard part is figuring out how’ to give away his immense fortune

The Independent UK

Will the Cop27 meet bring dread or hope?

Ask two different climate experts at the United Nations Climate Change Conference in Egypt (Cop27) to characterise their feelings about the future, and you may get quite different answers. "We are seeing more progress than we ever imagined," says one, while the other laments that we are heading full tilt…

Bangkok Post

Billionaires should not make up climate finance gaps, says Bezos Earth Fund head

Rich countries ‘not living up to obligations’, says Andrew Steer, in charge of $10bn environmental fund

The Guardian - UK

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Charitable giving to fight climate change rises 25% to $7.5B

Charitable giving to organizations that work to slow climate change have increased in the past year, and many more groups are receiving funds than just a few years ago

The Independent UK

Jeff Bezos gets philanthropy award at Vatican even as ex-wife gives away more of her fortune

Ex-wife MacKenzie Scott giving away her billions at a faster clip, according to observers

The Independent UK

Jeff Bezos fund to push for Africa land restoration around U.N. climate summit

Billionaire Jeff Bezos's environmental fund is seeking to build a coalition with African and European countries around this year's U.N. climate summit to add heft to land restoration efforts, its top official told Reuters.

Reuters

WH environmental justice advisors press for Justice40

Key members of the White House Environmental Justice Advisory Council said they plan to use $14 million from the Bezos Earth Fund to make sure the Biden administration follows through on its Justice40 initiative, a commitment that 40% of benefits from all climate and environment investment go to disadvantaged communities

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