Amazon Announces $2 Billion Climate Pledge Fund

Amazon has announced The Climate Pledge Fund to support the development of sustainable technologies and services that will enable Amazon and other companies to meet The Climate Pledge - a commitment to be net zero carbon by 2040. This dedicated venture investment program - with an initial $2 billion in funding - will back visionary companies whose products and services will facilitate the transition to a zero carbon economy.

Last year, Amazon and Global Optimism co-founded The Climate Pledge, a commitment to reach the Paris Agreement ten years early and be net zero carbon by 2040. Verizon, Reckitt Benckiser (RB), and Infosys recently joined the pledge—sending an important signal to the market that there will be rapid growth in demand for products and services that help... ... More: Official Press Release Amazon

Keywords:

Amamzon, The Climate Pledge Fund, development, sustainability, technology, net zero, carbon emissions, investment program, zero carbon economy