The Bezos Earth Fund pledged $2 billion Tuesday to fight climate change through landscape restoration and the transformation of agricultural systems.
“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 fund’s founder, Jeff Bezos, said in a statement.
The $2 billion pledge at COP26 is part of $10 billion that the Amazon AMZN, -1.61% founder committed earlier this year to spend by 2030 in an effort to battle climate change.
The Bezos Earth Fund plans to spend $1 billion mainly in the United States and Africa, planting trees to better secure eroding landscapes and restoring areas that capture high levels of carbon dioxide. The remaining $1 billion will be earmarked for transforming agricultural systems to try to increase crop yields, reduce food waste and encourage more plant-based diets.
