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This $200M project funded by Jeff Bezos and Leonardo DiCaprio aims to save Earth’s most threatened species

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Why This Matters

The Phoenix Species Project represents a groundbreaking $200 million investment by influential figures like Jeff Bezos and Leonardo DiCaprio to combat species extinction driven by climate change. This initiative highlights the growing role of private funding in environmental conservation, offering hope for preserving Earth's biodiversity. Its success could set a precedent for future large-scale conservation efforts in the tech and environmental sectors.

Key Takeaways

DiCaprio and Bezos say the Phoenix Species Project is the largest single fund of its type in history. Foundations funded and co-founded by Leonardo DiCaprio and Jeff Bezos have launched an initiative committing $200 million to revive 100 of Earth’s most threatened species, including endangered lemurs, salamanders, pangolins, pigs and echidnas.DiCaprio’s Re:wild and the Bezos Earth Fund are leading the Phoenix Species Project, the groups announced Tuesday. They call it the largest single fund in history dedicated exclusively to recovering critically endangered species.DiCaprio has for years been developing the idea of a major concerted effort to help species whose habitats and future existence are threatened by climate change.In 2021, he and Re:wild co-founder Wes Sechrest, a biologist who serves as the organization’s CEO, met with the Amazon-founding mega billionaire Bezos and his wife, former TV news reporter and host Lauren Sánchez Bezos. He serves as chair and she as vice chair of the Bezos Earth Fund.The meeting led to a series of conversations with local governments, environmental groups and Indigenous people on how best to reverse the decline of their most vulnerable species. Those conversations eventually led to the Phoenix Species Project.Animals the initiative is seeking to sustain include: