Amazon launches $2 billion Climate Pledge Fund to invest in sustainable-tech startups, aims for net-zero by 2040

Amazon launched The Climate Pledge Fund, a $2 billion corporate venture program to invest in startups developing sustainable technologies across industries to accelerate reaching net-zero carbon. The move aligns with Amazon’s Climate Pledge to be net carbon neutral by 2040 and follows other commitments like running on 100% renewable energy by 2025.