Why the Bezos Earth Fund Is Putting $500 Million Into Renewable Energy in the Climate Change Fight

The role of philanthropy in the fight against climate change.

Nov. 5, 2021

by Steve Sedgwick, Anchor, CNBC International

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Philanthropies are coming together and collaborating on an initiative to accelerate the development of renewable energy.

Bezos Earth Fund President Andrew Steer and IKEA Foundation CEO Per Heggenes discuss the role of philanthropy in the fight against climate change and the Bezos Fund’s $500 million pledge to the Global Energy Alliance for People and Planet.

“Governments are leading the way, but we have to put the pressure on other areas as well in order to accelerate the development of renewable energy” – Andrew Steer, President of Bezos Earth Fund.

They speak with CNBC’s Steve Sedgwick at COP26. To read more: Here