Bezos, Bloomberg among donors committing $5b to expand protected areas

analysis banking binary digits business businessman chart communication company concept connection t20 ZY13aN Bezos, Bloomberg among donors committing $5b to expand protected areas

Nine philanthropic organizations will provide $5 billion over the next decade for conservation efforts all over the globe. Donors include the Bezos Earth Fund, Bloomberg Philanthropies, the Gordon and Betty Moore Foundation, Nia Tero, Rainforest Trust, Re:wild, the Arcadia Fund, and the Rob and Melani Walton Foundation. The fund is intended to reach the 30×30 initiative goal of protecting 30 % of the planet’s biodiversity by 2030. Studies show this could protect 80% of plant and animal species and preserve 60% of carbon stocks and 66 % of clean water. A group of philanthropic organizations has come together to pledge $5 billion for the creation and expansion of protected areas across the planet, one of the largest private investments ever made for environmental conservation. Over the next decade, the nine organizations will fund the “Protecting Our Planet Challenge” to maintain and grow protected areas, and strengthen Indigenous guardianship of traditional territory. “For our grandchildren and their grandchildren to have the same opportunities we’ve had, for them to inherit a functioning planet, we have to rapidly slow the rate at which our economies are destroying nature,” said Hansjörg Wyss, founder and chairman of the Wyss Foundation, one of the participating […]

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