How can $10 billion be spent most effectively to address the climate and nature crises? What role can philanthropy play in driving systemic change? And how can new technologies like AI be leveraged to accelerate climate solutions?
This week on Cleaning Up, host Bryony Worthington sits down with Dr. Andrew Steer, President and CEO of the Bezos Earth Fund, to explore these critical questions. Established in 2020 with a $10 billion commitment from Jeff Bezos, the Bezos Earth Fund is on a mission to spend this capital by 2030 - the "decisive decade" for climate and nature.
Andrew shares insights into the fund's venture capital-inspired approach, balancing support for proven organisations and innovative newcomers. He delves into the delicate dance of respecting grantee expertise while providing strategic guidance, and the importance of avoiding dependence. The conversation covers the fund's diverse portfolio, from electrifying school buses to harnessing AI for nature monitoring and sustainable agriculture. Andrew also tackles the thorny issues of carbon markets and the need for a new mindset in the environmental movement.
Leadership Circle
Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.
Links and more
