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The Guardian - UK

Environment

Patrick Greenfield

Billionaires should not make up climate finance gaps, says Bezos Earth Fund head

United Nations Bezos Earth Fund Andrew Steer Earth Environment World Economic Forum

Andrew Steer speaking at the World Economic Forum in Davos in May — Andrew Steer speaking at the World Economic Forum in Davos in May. Photograph: Ciaran McCrickard/World Economic Forum

Billionaires can not be expected to make up for climate finance gaps left by rich countries that fail to deliver on promises to the developing world, the head of the Bezos Earth Fund has said.

The Amazon founder, Jeff Bezos, created a $10bn (£8.8bn) grant to protect the Earth’s environment in 2020. Andrew Steer, the president and CEO of the Bezos Earth Fund, oversees this alongside the billionaire, his partner Lauren Sanchez and the fund’s board.

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