This week, as the world tries to deal with the devastating effects of climate change, some of the world’s largest corporations are investing more money in sustainable efforts.
The world’s biggest corporations are putting money into a new initiative called the Global Sustainable Marketing Initiative.
The initiative is the latest move by companies around the world to tackle the problem of climate disruption.
It was launched Monday by Google and Amazon, which are the world leader in the global search engine market.
The initiative is a partnership with organizations like Save the Planet and the Bill & Melinda Gates Foundation.
“Companies are recognizing the need to work together to address the urgent challenges posed by climate change,” said Greg Smith, Google senior vice president of sustainability.
“We are working to improve our global sustainability efforts in order to accelerate our progress toward a clean, resilient, and resilient world,” he said.
The Google-Amazon partnership comes on the heels of another investment by the tech giants last month, when Google announced it had acquired its own greenhouse gas emissions-tracking company.
Amazon has also committed to spending $5 billion on green technologies.
The move comes as the United Nations estimates that climate change will increase global sea levels by at least 1 meter by 2100, potentially displacing at least 8 million people.
The U.N. has said it’s critical to avoid a catastrophe such as the one that could occur if global temperatures rise by more than 1.5 degrees Celsius, or 3.5 inches.
The United States has said that if the climate continues to heat up, we could see rising sea levels, which would be devastating to many regions.
For decades, climate change has been a major concern for the global economy.
The world’s top carbon emitters, including the United States, China, India and Brazil, have pledged to cut their greenhouse gas output by more that half by 2050.
The Climate Change Institute, a nonprofit group that works to combat climate change and address its impacts, said it is particularly important for governments to step up efforts to reduce their carbon footprints.
“A shift to a low-carbon economy is a global imperative,” said Matt Lee, the group’s executive director.
“As the world faces climate change risks and the costs of inaction mount, governments must take climate change seriously and commit to reducing greenhouse gas pollution.”