Philanthropist Laurene Powell Jobs, the widow of Apple founder Steve Jobs, will invest $3.5 billion over the next 10 years to address the climate crisis.
The money will go to the Waverley Street Foundation, an organization Steve Jobs set up in 2016, and focus on “initiatives and ideas to help underserved communities most impacted by climate change,” a spokesperson for Emerson Collective, Jobs’ organization, said on Monday. The efforts will be focused on housing, transport, food security, and health. “
Jobs has done most of her work through Emerson Collective, which focuses on education, immigration reform and environmental causes, and has other media investments and grants in film, TV production and journalism. The spokesperson said that Lisa Jackson, Apple’s vice president for Environment, Policy and Social Initiatives, was selected to serve as the foundation’s chair. Jackson was the former head of the U.S. Environmental Protection Agency.
Download our Free App
For Breaking News & Analysis Download the Free CBS News app