Amazon CEO Jeff Bezos says he will commit $10 billion to start a new fund to back scientists, activists and organizations working to mitigate the impact of climate change
The initiative, called the Bezos Earth Fund, will begin giving out grants this summer.
"Climate change is the biggest threat to our planet," Bezos said in the post. "I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change."
By Rishi Iyengar, CNN Business
Updated 2100 GMT (0500 HKT) February 17, 2020
Trump speaks to China's Xi on phone about coronavirus and trade
Trump says US is working closely with China on coronavirus
*President Donald Trump signs a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Evan Vucci)
Novel Coronavirus Content Free to Access
Following an outbreak of pneumonia without a clear cause in the city of Wuhan in China, a novel strain of coronavirus (2019-nCoV) was detected in December 2019. The virus has now caused more than 200 deaths, including 16 healthcare workers, and has started to spread to countries across the globe, and at the time of publication there have been more than 7800 laboratory-confirmed cases.
Coronaviruses were identified in the mid-1960s and are known to infect humans and a variety of animals (including birds and mammals). Since 2002, two coronaviruses infecting animals have evolved and caused outbreaks in humans: SARS-CoV (Severe Acute Respiratory Syndnrom) identified in southern China in 2003, and MERS-CoV (Middle East Respiratory Syndrome), identified in Saudi Arabia in 2012. Together, they have caused more than 1600 deaths.
*Nowcasting and forecasting the potential domestic and international spread of the 2019-nCoV outbreak originating in Wuhan, China: a modelling study
What we're covering here
The latest: The coronavirus outbreak has killed at least 426 people and infected more than 20,000 globally as it continues to spread beyond China. One person outside mainland China, a man in the Philippines, has died.
Overtaking SARS: The number of coronavirus deaths in mainland China has overtaken the 2003 SARS epidemic in the country. 349 people in China died from SARS over a nine-month period.
Global spread: The virus has been confirmed in more than 25 countries and territories since it was first detected in the Chinese city of Wuhan in December.
Race to contain: Nearly 60 million people remain under lockdown in Chinese cities as international researchers race to develop a vaccine and halt the virus' spread.