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The $ 10 billion of Jeff Bezos from Jeff Bezos has stopped supporting the world's leading volunteer standard, after increasing scrutiny about its effect on the body, in a move seen as the latest effort for billionaire for US President Donald Trump.
According to three persons familiar with the decision, the Pesus Earth Fund has ended its support for the science -based goals initiative, a world -famous body that controls how companies such as Apple and H&M achieved.
The move comes after SBTI employees raised concerns about the impact of the Bezos Fund last year, and the reports of the Financial Times times that both the fund Advisors To the former US climate envoy John Kerry has supported a batch of the organization to allow the wide use of Carvone credits are controversial By companies.
He previously told the Bezos Fund that FT did not “make decisions” with SBTI or have any participation in its position on displacement.
Two people who are aware of the financing relationship they believed that moving to stopping SBTI after December 2024 was partially to Bezos did not want to disturb Trump, who previously described the climate change as a trick.
Bezos, along with other adult technology heads like Meta from Mark Zuckerberg, rushed to build relationships with the Trump administration as their companies Look for relief From pressure on anti -monopoly, deals and artificial intelligence.
One person said: “Once the technological billionaire began mainly on a regular basis and many were interested in climate,” said one person. “I can't imagine that anyone has anything to lose will think three times to do anything about climate change in the United States now.”
People familiar with the relationship said that Setter Global Climate Standard was selected separately to stay away from the imagined effect of Bezos. SBTI diversifies its financing. . . A third person who is aware of the financing relationship, said they are thinking about other sources.
The Bezos Fund said he had been committed to his work and mission. SBTI said: “Donors do not interfere in our standards to develop standards – and they will not seek this,” SBTI said.
The non -profit organizations of the climate has increased in recent years on grants from technical billionaires. The Bezos Fund was created by the Amazon founder five years ago to help “scientists, activists and NGOs” find solutions on climate and nature issues. She was one of the largest financiers in SBTI, which extended $ 18 million in 2021.
“clearly Jeff PesoS and technology companies have changed compared to 8 years. . . Another person said:
The break comes as head of the Bezos Andrew Steer Fund He said On Saturday, he was stepped as head of the body after nearly four years. Touwir said that Bezos and his partner Lauren Sanchez were “a fixed source of ideas, insight and support.”
Steer said last month of cleaning, Podcast on energy transmission, that the fund has paid $ 2.5 billion so far, partly to help professional climatic bodies. He said: “There is still a strong legacy in some of the prevailing environmental organizations against capitalism in full frankness,” including opposition to the carbon market as a climate.
SBTI, CEO of SBTI, left last year after the opposition inside the organization on the carbon credit case. David Kennedy, a partner in EY, is scheduled to replace him in the second quarter of this year. A person close to SBTI said Kennedy will establish the size of the organizations and who will take funding from the future.
Since its inception, the Bezos Fund has become one of the most abundant supporters of climate groups, including the World Resources Institute, which has been heading in operation.
Bezos box and companies including Amazon, Meta and Google All its funding in advance Protocol of greenhouse gases, which is an overseeing body on a voluntary carbon account that is involved in the WRI management.
WRI said he will continue to communicate with the Bezos Fund “under the usual business scenario.” A person close to WRI said that he establishes the broader effects of climate charitable work to freeze US foreign aid. “The world turns upside down.. We are trying to understand it.”
