Sustainable Business

Jeff Bezos pledges $1 bln to biodiversity, conservation efforts

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Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC's "Milestone Celebration Dinner" in Washington, U.S., September 13, 2018. REUTERS/Joshua Roberts/File Photo

Sept 20 (Reuters) - Amazon founder Jeff Bezos pledged on Monday to give away $1 billion in grants this year to focus on efforts around conservation.

The pledge is a part of his previously announced the Bezos Earth Fund, which the Amazon founder started last year to execute his $10 billion commitment to fund scientists, activists and non-profit organizations in the fight against climate change.

The Bezos Earth Fund said on Monday the fund will focus on Central Africa's Congo Basin, the tropical Andes region and the tropical Pacific Ocean this year.

It is not yet known which organizations will receive the grants.

The grants will be prioritized in areas where local communities and Indigenous peoples are a main focus of conservation programs, the Bezos Earth Fund said.

(This story was corrected to remove reference to landscape restoration and food system transformation in paragraph 1)

Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Sherry Jacob-Phillips

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