Amazon today announced the first recipients of its $2 billion climate pledge fund, which includes five start-ups in areas such as electric vehicles and climate technology. In June, Amazon announced the establishment of a $2 billion “climate commitment fund” to support the development of sustainable technologies and services, which will enable Amazon and other companies to achieve the goal of “net zero” carbon emissions by 2040. < p > < p > Amazon said at the time that the fund aims to invest in “sustainable and decarbonization technologies” in a number of industries, such as transportation and logistics, energy production, manufacturing, food and agriculture. Today, Amazon announced the first recipients of the climate commitment fund. < p > < p > Amazon declined to disclose how much it invested in each of these companies, but said the amount ranged from hundreds of thousands of dollars in seed and early-stage investments to millions of dollars in later stage investments. “The climate commitment fund invests in visionary companies whose products and services can drive a low-carbon economy,” says Jeff Bezos, founder and CEO of Amazon. Today, I’m excited to announce that we’re investing in companies that are channelling their entrepreneurial energy to help Amazon and others achieve net zero carbon emissions by 2040 and make the planet safer for future generations. ” < / P > < p > the fund is also part of Amazon’s climate promise. In September 2019, Bezos and the former U.N. climate leaders jointly launched the “climate commitment”. Signature companies need to commit to achieving the goals of the Paris climate agreement 10 years in advance. Before < / P > < p > Amazon was faced with increasing pressure from its employees to address its environmental impact. At the annual shareholders’ meeting in May 2019, thousands of employees submitted a proposal asking Bezos to develop a comprehensive climate change plan and reduce its carbon footprint. < / P > < p > since then, Amazon has taken several initiatives to advance its goal of relying on renewable energy. As part of its “climate promise,” Amazon agreed to buy 100000 electric delivery vehicles from rivian after investing $440 million in the company. < p > < p > in April this year, Amazon invested $10 million to help protect or restore forests in the northeastern United States. In addition, Bezos pledged $10 billion in February to launch a new earth fund to deal with climate change. The fund will give grants to climate oriented scientists, activists and other organizations to protect the natural environment. Global Tech