
Amazon's founder and CEO is planning a huge contribution to saving the planet.
Jeff Bezos recently pledged $10 billion towards the fight against climate change.
Bezos made the announcement in an Instagram post on Monday.
"Today, I’m thrilled to announce I am launching the Bezos Earth Fund," he wrote in a caption. "Climate change is the biggest threat to our planet. I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share."
Through the Bezos Earth Fund, Bezos plans to invest in activists, scientists and other organizations that are offering "a real possibility to help preserve and protect the natural world."
The fund will begin giving out grants this summer.
"Earth is the one thing we all have in common — let’s protect it, together," he wrote.