Ending Soon! Save 33% on All Access

Bezos Earth Fund Is Donating $100 Million to Groups Using AI to Help Combat Climate Change Applications open in May.

By Emily Rella

Kevin Mazur | Getty Images for Bezos Earth Fund
Lauren Sánchez and Jeff Bezos attend the ICCF U.S. Congressional International Conservation Leadership Awards Dinner at Waldorf Astoria on October 24, 2023 in Washington, DC.

As the conversation around AI technology and its potential dangers and benefits becomes more mainstream, one billionaire is doubling down on his desire to use the technology for good to help find solutions to climate change.

On Thursday, Jeff Bezos's Bezos Earth Fund announced that the organization would be donating $100 million in grants to groups through the "AI for Climate and Nature Grand Challenge," which will seek to help determine how "modern AI might help address climate change and nature loss" and "inspire deeper collaboration between groups on the front line of environmental solutions and leading AI technology providers."

Related: Jeff Bezos Donates $123 Million to Combat Homelessness

The competition will have multiple rounds addressing different areas of focus and concern — for example, the first round will center on the areas of sustainable proteins, biodiversity conservation, and power grid optimization. Each round will also include a "Wild Card" category for those wishing to submit a proposal that doesn't fall into the selected categories.

There will be two funding phases per round. In the first, up to 30 seed grants will be given to the top groups "promising AI ideas addressing the focus areas," while the second phase will allow these awardees to apply for grants up to $2 million as well as receive mentorship and access to "computing infrastructure and relevant datasets."

The Bezos Earth Fund said that it will accept applications from "practitioners, researchers, and innovators in universities, NGOs, private companies, and organizations" but that proposals from individuals will not be accepted.

"The future is unlikely to be characterized by straight lines and gentle curves, but rather by unexpected changes and tipping points, good or bad," Bezos Earth Fund President and CEO Dr. Andrew Steer said in a company release. "The arrival of AI will potentially help solve very difficult challenges. With this program, we hope to make a helpful contribution."

Applications officially open in May 2024 and those interested can apply next month, here.

Related: Eva Longoria, Bill McRaven Win Jeff Bezos Award for Charity

Last month, Bezos awarded Eva Longoria and Admiral Bill McRaven each $50 million to give to their charity of choice through the Bezos Courage and Civility Award.

Bezos revealed exclusively to CNN in 2022 that he plans to give most of his wealth away in his lifetime. As of Thursday afternoon, his net worth was an estimated $203 billion.

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

Business News

Four Seasons Orlando Responds to Viral TikTok: 'There's Something Here For All Ages'

The video has amassed over 45.4 million views on TikTok.

Growing a Business

5 Strategies to Know As You Scale Your Business

Scaling a service-based company requires a comprehensive approach that goes beyond simply increasing revenue. It requires careful planning, strategic decision-making and a deep understanding of market dynamics.

Growing a Business

The Right Way to Ask Someone for a Million Dollars, According to a Fundraiser Who Does It For a Living

No matter what you're raising money for, Wanda Urbanskia says, the same basic rules apply.