Jeff Bezos pledges $10 billion to help fight climate change

Amazon founder Jeff Bezos has pledged $10 billion (AED 36.7 billion) to help fight climate change.

In an Instagram post, Bezos, the world’s richest man, said he’ll begin issuing grants this summer to scientists, activists and nonprofits working to protect the earth.

"Climate change is the biggest threat to our planet," Bezos wrote.

"I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share."

With an estimated net worth of more than $130 billion, this pledge represents almost 8 per cent of his fortune.