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Bezos' Earth Fund Pauses, Pledges $400M for Justice

2/11/2025

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Summary

Story summary

Jeff Bezos' Earth Fund, originally backed by a $10 billion pledge, has paused its funding for the Science Based Targets Initiative due to the changing political landscape under President Trump. However, the fund remains dedicated to environmental justice, pledging $400 million to community groups by 2030. Additionally, CEO Andrew Steer is stepping down, signaling a shift in leadership.

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Story summary

Jeff Bezos' Earth Fund, originally backed by a $10 billion pledge, has paused its funding for the Science Based Targets Initiative due to the changing political landscape under President Trump. However, the fund remains dedicated to environmental justice, pledging $400 million to community groups by 2030. Additionally, CEO Andrew Steer is stepping down, signaling a shift in leadership.