Transcript Zero Episode 37: How the Bezos Earth Fund Spends Its Billions
A transcript of the conversation between podcast host Akshat Rathi and Bezos Earth Fund Chief Executive Officer Andrew Steer.
When Jeff Bezos announced that he was pledging $10 billion to launch the Bezos Earth Fund in February 2020, it was the largest commitment to climate philanthropy ever made. By most measures, $10 billion is a vast amount of money. But it is also a small fraction of the $3.5 trillion that is needed annually to hit net zero by 2050. For maximum impact, that money also needs to be spent strategically, and a lot more of it will need to come from governments and corporations.
This week on Zero, Akshat Rathi asks Bezos Earth Fund Chief Executive Officer Andrew Steer how the fund spends its billions and how competition between billionaires is shaping climate philanthropy.