Finance

Laurene Powell Jobs to Invest $3.5 Billion to Help Avert Climate Crisis

Laurene Powell Jobs

Photographer: Steve Jennings/Getty Images 

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(AP) -- Philanthropist Laurene Powell Jobs, the widow of Apple founder Steve Jobs, will invest $3.5 billion within the next 10 years to address the climate crisis, a spokesperson for Emerson Collective, Jobs’ organization, said on Monday.

The money will go into Waverley Street Foundation, an organization Jobs set up in 2016, and focus on "initiatives and ideas to help underserved communities most impacted by climate change," the spokesperson said. “Efforts will focus on housing, transportation, food security, and health.”