The Bezos Earth Fund is donating more than $19 million to help revamp two of the best-known international organizations behind corporate greenhouse gas emissions tracking and public disclosures.
The fund, a philanthropic organization established in 2020 by billionaire Amazon founder Jeff Bezos, is splitting its commitment between the two groups. More than $9 million in grant funding will go to the Greenhouse Gas Protocol, an international organization that sets standards for measuring greenhouse gas emissions from both the public and private sector. GHG Protocol initially formed as a partnership between the World Resources Institute and the World Business Council for Sustainable Development.
The grant will be used to help GHG Protocol “update and clarify existing standards” and to develop new guidance, among other things, according to a press release.