Entrepreneur Joe Gebbia donated $25 million to The Ocean Cleanup Thursday to support the nonprofit’s efforts to remove plastic from the world’s oceans and rivers.
Experts in the field welcome both the donation and the attention to the issue of ocean sustainability, pointing out that it receives the least funding of all the United Nations’ Sustainable Development Goals, according to AP.
According to the World Economic Forum, about $175 billion a year is needed to protect the oceans, but between 2015 and 2019 less than $10 billion total was invested in the cause.
Gebbia, co-founder of Airbnb and Samara and chairman of Airbnb.org, said he was proud to partner with the nonprofit, which declared his donation the largest in its history.
“The Ocean Cleanup has created systems and technology that actually work at scale,” Gebbia said in a statement to The Associated Press. “In order for them to deploy across our oceans and rivers, they now need to scale their funding. It is my hope that this donation can inspire others to act.”
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