Bezos Earth Fund commits $100 million to species recovery alliance
The initiative aims to provide dependable financial support for over 31,000 species facing high extinction risks.
The Bezos Earth Fund has committed $100 million to the Species Recovery Alliance, a partnership targeting more than 31,000 species at risk of extinction, according to a Times of India report citing Fortune.
The alliance was announced on 16 October at the Leaders’ Summit of COP17 in Yerevan, Armenia. It involves nine founding organisations and a total commitment of $500 million.
Founding members include Re:wild, Rainforest Trust, Colossal Foundation, Critical Ecosystem Partnership Fund, Fondation Segré, Franklinia Foundation, Ayers Wild Cat Conservation Trust, and WildLives Earth.
The partnership will focus on species listed by the International Union for Conservation of Nature as being in danger of disappearing, critically at risk, or already gone from the wild.
Cristián Samper, managing director of the Bezos Earth Fund, said a lack of reliable funding could jeopardise recovery efforts even after significant progress has been made by conservation teams.
The fund, established by Jeff Bezos in 2020 with a $10 billion pledge, has distributed $2.4 billion so far. More than $7 billion remains to be allocated by 2030.