Laurene Powell Jobs to invest USD3.5B in climate group

AP – Philanthropist Laurene Powell Jobs, the widow of Apple founder Steve Jobs, will invest USD3.5 billion within the next 10 years to address the climate crisis, a spokesperson for Emerson Collective, Jobs’ organisation, said on Monday.

The money will go into Waverley Street Foundation, an organisation Jobs set up in 2016, and focus on “initiatives and ideas to help underserved communities most impacted by climate change”, the spokesperson said. “Efforts will focus on housing, transportation, food security, and health.”

Jobs has done most of her work through Emerson Collective, which focusses on education, immigration reform and environmental causes, and has other media investments and grants in film, TV production and journalism.

Philanthropist Laurene Powell Jobs. PHOTO: AP