Amazon unveils first recipients of $2 billion climate investment program – ‘Holistic approach to tackling escalating climate impacts’


By: - Climate DepotSeptember 20, 2020 9:24 AM

Amazon unveils first recipients of $2bn climate investment programme

Tech giant backs electric vehicles, carbon removal, and high efficiency motors as it forges ahead with efforts to deliver net zero emissions by 2040

Christina Figueres – co-founder of the Global Optimism think tank and a key architect of the Paris Agreement when she was UNFCC Executive Secretary -touted the investment as a holistic approach to tackling escalating climate impacts. “These investments will scale new technologies, helping these organisations speed up the pace at which operational emissions can be reduced,” she said. “This is how a whole-economy approach to tackling the climate crisis looks.”

Figueres added that the companies which have signed up to Amazon’s Climate Pledge – which currently comprises US telecoms giant Verizon, Indian IT services firm Infosys and consumer goods brand Reckitt Benckiser – were demonstrating that “there are endless possibilities in the clean, healthy recovery we must create together.”