Climate Pledge Fund


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.

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. As of December 2021, Matt Peterson, director, corporate new initiatives, and Kara Hurst, vice president and head of sustainability, lead the fund.
Amazon used the fund as the naming rights sponsor of Climate Pledge Arena, a sports and entertainment venue in Seattle that opened in 2021. The venue was designed with environmentally-friendly features and aimed to have net-zero emissions.

Notable investments