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Source: Pexels

Philanthropist Donates $1 Billion To Protect The Environment Over The Next Decade

By Kristin Hunt

Hansjörg Wyss is investing big in the planet. The Swiss entrepreneur and philanthropist announced last week that his foundation will donate $1 billion to conservation efforts, with an ultimate goal of conserving 30 percent of the earth by 2030.

The Wyss Foundation will collaborate with several partners on the Wyss Campaign for Nature, which strives to “help rapidly expand the proportion of the Earth's lands and oceans that are conserved so current and future generations can drink clean water, breathe clean air, and experience the wonders of the natural world,” according to a press release. The mission is very much in line with the Wyss Foundation, a private, charitable organization that focuses on protecting wild and public lands. 

The $1 billion initiative will adopt four primary strategies to tackle its goal. The first one is simple: Support community conservation projects with money. The Wyss Foundation will parcel out cash to local and/or indigenous leaders to “establish, expand, or improve” the stewardship of parks and protected areas — and it’s already chosen organizations for its first round of funding. The Nature Conservancy, Aves Argentinas, the Gonarezhou Conservation Trust, Fundatia Conservation Carpathia, and Fundación Flora y Fauna Argentina are a few of the groups receiving $48 million in financial commitments.