A recent initiative, backed by the Bezos Earth Fund and Leonardo DiCaprio’s Re:wild with a $200 million investment, aims to aid in the recovery of 100 endangered species, including pink iguanas, lemurs, wild pigs, and pangolins. The Phoenix Species Project is set to offer ongoing financial support for breeding programs, habitat restoration, and locally driven conservation efforts. However, it sparks a critical question: Can billionaire-supported philanthropy contribute positively to the environment and enhance donors’ eco-friendly reputation, despite concerns about the environmental practices of the businesses that made their wealth?
This query gains urgency as governmental commitments to combat climate change and preserve biodiversity wane, leaving gaps that private contributors are stepping in to fill. The Bezos Earth Fund has pledged $100 million to this endeavor, with Re:wild and other partners supplying the remaining funding. Founded by Jeff Bezos, the Earth Fund has drawn attention due to Amazon’s environmental controversies, such as plastic pollution, deforestation, and excessive water usage by its data centers.
Wren Montgomery, a researcher at the Greenwash Action Lab and a sustainability professor at Queen’s University’s Smith School of Business, defines greenwashing as portraying an overly positive image of an organization’s environmental practices. Montgomery expressed concerns about the project’s selective information disclosure, emphasizing positive aspects while diverting attention from detrimental activities elsewhere. She cautioned that even if the project’s actions are commendable, concealing negative practices could still be considered greenwashing.
Regarding Bezos’s contribution, Montgomery deemed it insignificant compared to Amazon’s overall environmental impact, suggesting that it falls short of offsetting the harm caused by the company’s other activities. She emphasized the risk of philanthropy diverting attention from the crucial need for governmental and corporate action to address biodiversity loss and climate change.
The Bezos Earth Fund declined to address queries on greenwashing but shared a statement from Cristián Samper, the fund’s managing director, underscoring that species were chosen based on the readiness of local partners to execute recovery initiatives. Samper highlighted that the project aligns with the fund’s $10 billion commitment to tackling climate and biodiversity crises, with plans to transparently report progress, setbacks, and insights through an online dashboard.
One of the project’s partners, Montreal entrepreneur and environmentalist Dax Dasilva, founded the Age of Union non-profit in 2021 with a $40 million investment in ecosystem and species protection. During a trip to Madagascar with Re:wild, Dasilva witnessed unique species like indri and golden-crowned sifaka lemurs, emphasizing the tangible positive impact and transformative potential of the project.
The Phoenix funding is poised to bolster habitat restoration, disease management, conservation breeding, and invasive species control. While Chris Johnson, a University of Northern British Columbia professor specializing in large terrestrial mammal conservation, is not directly involved in the project, he hopes it will draw attention to the global biodiversity crisis. Johnson acknowledged the initiative’s focus on 100 endangered species from the International Union for Conservation of Nature’s Red List, diversifying beyond popular charismatic animals to address broader conservation needs.
Private funding, despite its agility in supporting overlooked local efforts, is viewed by critics as inadequate to substitute environmental regulations, habitat protections, sustained public funding, and corporate responsibility. Montgomery raised concerns that the initiative might serve to divert attention from the environmental impact of data centers. Ultimately, the tangible outcomes of the project, including species recovery, habitat enhancement, and sustained local support, will serve as measurable indicators of its effectiveness.

