Jeff Bezos Fund Will Restore Nearly 250m Acres of African Land

Jeff Bezos’s environmental fund is seeking to build a partnership with African and European countries to Donate to help land restoration efforts, Reuters reported.

Source: Reuters/YouTube

With the COP27 approaching next month, the Bezos Earth Fund is hoping to start reversing deforestation and land degradation on 250m acres of land in Africa by 2030, Andrew Steer, the philanthropic organization’s chief executive, told Reuters.

“African farmers are suffering appallingly from climate change,” Steer said during the Reuters IMPACT conference.

They hope to reduce carbon in the atmosphere and “better incomes for farmers, better food security, more resilient soils.”

Developing countries often have to pay the price and feel the worst of the effects of Climate change even though it is the wealthy countries responsible for the majority of greenhouse warming emissions.

When Steer was asked for Bezos Earth Fund’s view on reparations, he said, “Rich countries are going to have to play a bigger role on creating resilience on helping poor countries and poor citizens to adapt.”

The organization has pledged 30 percent of its $10-billion fund toward nature Conservation, restoration, and food-systems transformation. According to a fund spokesperson, the grant it has issued totaled a little over $1.5 billion.

The fund hopes to change entire sectors like the steel industry. The Earth Fund has given $31 million to the Mission Possible Partnership to come up with a plan for how to decarbonize such an industry.

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