Amazon Invests Two Billion Dollars to Fight Global Warming
Amazon is the biggest multinational technology company that specifies in e-commerce and technological logistics. The Climate Pledge Fund was established to develop new ways of goods distribution and economic development.
The Climate Pledge Fund aims at low-carbon and environmentally-friendly alternatives to regular conduct of business. The Climate Pledge Fund will divert funds into the development and introduction of eco-sustainable products and companies.
Technologies for combating Climate Change will be also developed as well as varied logistic, technological, agricultural and energetic companies will be sponsored. The Climate Pledge Fund will sponsor companies that specialize in low-carbon and eco-friendly production.
Amazon’s CEO, Jeff Bezos, has noted that The Climate Pledge Fund will listen to all companies, no matter how big or small they are. Even startups will have a chance to attract investments of The Climate Pledge Fund.
The main aim of The Climate Pledge Fund is to reach zero carbon level. Companies that will be able to make the greatest contribution to the improvement of the planet’s climatic state will receive significant support from the side of The Climate Pledge Fund.
World-class corporations are responsible for vast Earth’s pollution with plastic, CO2 emissions and other anthropogenic factors. Amazon Company plans to become carbon-neutral by 2040 and switch to green energy by 2025.
It is expected that vegan alternatives to meat and animal products will benefit the most from Amazon’s investments. Meat, dairy and poultry industries cause a great negative impact on the environment and vegan alternatives such as vegan cheese, plant-based meat and plant-based milk can significantly lower the environmental damage from consumption habits.
Improved logistics, reduced use of internal combustion engines, promotion of plant-based nutrition and eco-friendly packaging will help to bring the company a carbon-neutral level. These measures will allow to make the business eco-friendlier and efficiently combat with Climate Change.
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