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The Amazon founder's Bezos Earth Fund will provide grants of up to $1 million per year for the next decade to help develop green technologies, Mashable reports.
"We've been warned for years that the point of no return is coming," Bezos wrote in a blog post.
"Thankfully, the world is taking notice and more money than ever before is on the table."
The US is making its largest investment in green technology ever, and the European Commission has promised at least a trillion euros in sustainable investments over the next decade.
"The future is here," Bezos writes.
"The question is how can we disrupt it before itdisrupts us?" The Bezos Earth Fund, founded in 2020, is the largest green tech investment fund in the world, according to its website.
The fund plans to work with governments, universities, and more to develop green technologies that can create jobs and reduce greenhouse gas emissions.
"We know the problem. More than ever, we know a lot of the solutions," Bezos writes. "Critical policies are actually in place and a very key element.
Money is on the table to fund innovative technologies that can change our world."
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The People's Bank of China says it will start allowing people in China to use the country's new digital currency, the Digital Yuan, to buy goods and services starting next month, the BBC...more
When it comes to corporate social responsibility, India's government and public sector companies are at the top of the list.
But when it comes to companies of all sizes, they're at the bottom,...more
The world's biggest state investors are getting into the business of making positive social and environmental impact investments.
Singapore's Temasek Holdings, one of the world's largest state...more
"Our long-term vision is to see every dollar invested globally as a net positive for people and planet."
So says Niklas Adalberth, the founder of Norrsken Foundation, which operates Norrsken VC,...more
When it comes to giving back to the communities in which they operate, India's companies are in a race against time to up their game.
A new survey from Deloitte finds that just 28% of companies...more
Indian companies are spending more and more on philanthropic efforts.
A survey of 185 companies by accounting and consulting firm Deloitte found that 25% of them spend more than $100 million a...more
Indian companies are spending more and more time thinking about how to make a positive impact on the world around them, the Economic Times reports.
According to a survey of 185 companies by...more
"We've noticed that there are a wide variety of investment opportunities that can truly be transformative for women's and children's health and have confirmed, time and time again, that without...more
Italian crowdfunding site Ener2Crowd has just launched a new service called FidoGreen, which it says is the first "sustainable finance platform for sustainable investments," Quartz...more
Chris Pan's commencement speech at Ohio State has been called "cringe-worthy" and "the worst Ohio State commencement speech ever"but the social entrepreneur and 1999 Ohio State graduate wants to set...more
Social Entrepreneurship
Spotlight
3 Social Enterprises Earn Honors at Social Enterprise Award
Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.
