# Climate Pledge Fund > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Climate_Pledge_Fund > Markdown URL: https://mediated.wiki/source/Climate_Pledge_Fund.md > Source: https://en.wikipedia.org/wiki/Climate_Pledge_Fund > Source revision: 1356443609 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) Amazon's climate technology venture capital fund The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be merged, redirected, or deleted. Find sources: "Climate Pledge Fund" – news · newspapers · books · scholar · JSTOR (May 2025) (Learn how and when to remove this message) Climate Pledge Fund Type Public Industry Venture Capital Founded 2020 Founder Amazon Headquarters Seattle, Washington, U.S. Products Corporate venture capital Total assets $2 billion Number of employees 10+ The **Climate Pledge Fund** is a division of [Amazon](/source/Amazon_(company)), 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](/source/Corporate_venture_capital) fund. ## History The **Climate Pledge Fund** was founded in June 2020 to make investments into early-stage companies focused on decarbonizing or sustainable technologies and services.[*[citation needed](https://en.wikipedia.org/wiki/Wikipedia:Citation_needed)*] As of December 2021, Matt Peterson, director, corporate new initiatives, and Kara Hurst, vice president and head of sustainability, lead the fund.[1] Amazon used the fund as the [naming rights](/source/Naming_rights) sponsor of [Climate Pledge Arena](/source/Climate_Pledge_Arena), a sports and entertainment venue in Seattle that opened in 2021.[2] The venue was designed with environmentally-friendly features and aimed to have [net-zero emissions](/source/Net-zero_emissions).[3] ## Notable investments - [BETA Technologies](/source/Beta_Technologies) - Electric vertical aircraft manufacturer[4] - [CarbonCure Technologies](/source/CarbonCure_Technologies) - Lower carbon concrete manufacturer[5] - [Redwood Materials](/source/Redwood_Materials%2C_Inc.) - process & technologies for recycling lithium-ion batteries and producing battery materials from recovered elements[5] - [Rivian](/source/Rivian) - electric vehicle automaker[5] - [Turntide Technologies](/source/Turntide_Technologies) - optimal efficiency motor technologies for building controls (e.g. ventilation, lighting)[5] - [ZeroAvia](/source/ZeroAvia) - share-haul hydrogen-electric aircraft[6] ## See also - Microsoft's Climate Innovation Fund[7] - [Breakthrough Energy Ventures](/source/Breakthrough_Energy_Ventures) - Elemental Excelerator's Earthshot Ventures Fund[8] - VertueLab's Climate Impact Fund[9] - Decarbon8-US[10] ## References 1. **[^](#cite_ref-1)** ["Update: Amazon announces $2 billion Climate Pledge Fund"](https://techcrunch.com/2020/06/23/amazon-announces-2-billion-climate-pledge-fund/). *TechCrunch*. Retrieved 2021-12-21. 1. **[^](#cite_ref-2)** Belson, Ken (October 29, 2021). ["An Arena Where the Goal Is 'Net Zero' Carbon Emissions, Even From Fans"](https://www.nytimes.com/2021/10/29/sports/climate-pledge-arena-seattle.html). *[The New York Times](/source/The_New_York_Times)*. Retrieved January 5, 2025. 1. **[^](#cite_ref-3)** Stiffler, Lisa (October 16, 2023). ["Seattle's Climate Pledge Arena is the first arena in the world to land Zero Carbon certification"](https://www.geekwire.com/2023/seattles-climate-pledge-arena-is-the-first-arena-in-the-world-to-land-zero-carbon-certification/). *GeekWire*. Retrieved January 5, 2025. 1. **[^](#cite_ref-4)** Black, Thomas. ["Fidelity, Amazon Back E-Plane Startup in $368 Million Funding"](https://www.bloombergquint.com/business/fidelity-amazon-back-e-plane-startup-in-368-million-funding). *BloombergQuint*. Retrieved 2021-12-21. 1. ^ [***a***](#cite_ref-:0_5-0) [***b***](#cite_ref-:0_5-1) [***c***](#cite_ref-:0_5-2) [***d***](#cite_ref-:0_5-3) ["Amazon Announces First Recipients of Investments from $2 Billion Climate Pledge Fund"](https://www.businesswire.com/news/home/20200917005481/en/Amazon-Announces-First-Recipients-of-Investments-from-2-Billion-Climate-Pledge-Fund). *www.businesswire.com*. 2020-09-17. Retrieved 2021-12-21. 1. **[^](#cite_ref-6)** Osborne, Charlie. ["Amazon invests in zero carbon footprint aviation startup ZeroAvia"](https://www.zdnet.com/article/amazon-invests-in-zero-carbon-footprint-aviation-startup-zeroavia/). *ZDNet*. Retrieved 2021-12-21. 1. **[^](#cite_ref-7)** ["Climate Innovation Fund | Microsoft CSR"](https://www.microsoft.com/en-us/corporate-responsibility/sustainability/climate-innovation-fund). *www.microsoft.com*. 1. **[^](#cite_ref-8)** ["We spun out a $60M fund. 5 things you didn't read in the press"](https://elementalexcelerator.com/latest/articles/earthshot-ventures/). *Elemental Excelerator*. September 8, 2021. 1. **[^](#cite_ref-9)** ["Climate Impact Fund"](https://vertuelab.org/impact-fund). *VertueLab*. Retrieved 2022-07-30. 1. **[^](#cite_ref-10)** ["DECARBON8 - US"](https://www.e8angels.com/decarbon8-us-fund). *E8 Cleantech Angels*. ## External links - [The Climate Pledge's Website](https://www.theclimatepledge.com/) v t e Amazon People Current Jeff Bezos (Founder and Executive Chairman) Andy Jassy (President and CEO) Werner Vogels (CTO) Former Rick Dalzell Paul Davis Tony Hsieh Christopher North Ram Shriram Tom Szkutak Brian Valentine Facilities Doppler Day 1 HQ2 Principal Place Spheres Bellevue 600 Products and services Subsidiaries AbeBooks Amazon Game Studios Amazon Lab126 Amazon Leo Amazon Pharmacy PillPack Amazon Robotics Amazon University Esports Annapurna Labs Audible Blink Home Body Labs BookFinder Fresh Goodreads Goodreads Choice Awards Graphiq IMDb Box Office Mojo IMDbPro One Medical Ring Neighbors Shopbop Twitch IGDB Woot.com Zappos Zoox Cloud computing Web Services AMI Amazon Aurora Beanstalk CloudFront DynamoDB EBS EC2 EFS ElastiCache EMR Glacier Glue Lambda Lightsail MTurk Neptune Product Advertising API RDS Redshift Rekognition Route 53 S3 SageMaker SES SNS SimpleDB SQS VPC Services Amazon.com China Alexa Appstore Digital Game Store Fire OS Kindle Store Luna Payments Prime Amazon miniTV MX Player Key Prime Music Prime Now Prime Pantry Prime Video Sports Marketplace Music (Wondery) Silk Wireless Devices Astro Echo Show Echo Buds Fire Fire HD Fire HDX Fire TV Stick Kindle Technology 1-Click Amazon One Dynamo Obidos Lumberyard Media Amazon Games Amazon Publishing Breakthrough Novel Award Best Books of the Year Amazon MGM Studios Metro-Goldwyn-Mayer United Artists Orion Pictures American International Pictures MGM+ Kindle Direct Publishing YES Network (15%) Retail Whole Foods Market Logistics Amazon Freight Amazon Air Amazon Prime Air Former 43 Things A9.com Askville Alexa Internet Amapedia Amazon Books Amazon Clinic Amazon Fresh Amazon Go Amie Street (Songza) Book Depository CDNow ComiXology Dash buttons Dash wand Diapers.com Digital Photography Review Double Helix Games Drive Endless.com Fire Phone Freevee Lexcycle Liquavista LivingSocial LoveFilm MGM Holdings Mobipocket PlanetAll Reflexive Entertainment Sellaband Shelfari Souq.com TenMarks Treasure Truck Withoutabox Litigation Perfect 10, Inc. v. 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