Amazon founder Jeff Bezos is investing $100m (£76m) into technology that could help develop new markets for seaweed as an alternative to fossil fuels. The investment, awarded to the World Wildlife Fund (WWF), is one of 16 grants that the world’s richest man is giving as part of his his $10bn pledge to combat climate change. Bezos has earmarked $791m for donations in his Earth Fund to environmental organisations who are working “on innovative, ambitious, and needle-moving solutions”. “I’ve spent the past several months learning from a group of incredibly smart people who’ve made it their life’s work to fight climate change and its impact on communities around the world,” he wrote on Instagram. “I’m inspired by what they’re doing, and excited to help them scale.” The grant to the WWF will help scale up sustainable seaweed farming in countries that border the Atlantic Ocean.
Telegraph 16th Nov 2020 read more »