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The Climate Pledge Fund is a division of Amazon, set up to develop and manage investments in the climate technology space, as part of its Climate Pledge initiative. It is a corporate venture capital fund.
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The Climate Pledge Fund will invest in companies across industries such as transportation and logistics, energy, storage and utilization, manufacturing and materials, and food and agriculture, the ...
The Amazon Fund has a Guidance Committee (COFA), responsible for setting guidelines and monitoring the results achieved, and a Technical Committee (CTFA), which is tasked with certifying the calculations made by the Ministry of the Environment and Climate Change (MMA) regarding the actual reductions in carbon emissions from deforestation.
Jeff Bezos, the world’s richest person, is committing $10 billion to fight climate change through the creation of the “Bezos Earth Fund.”
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The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.