Fund backed by DiCaprio pledges $5M to Amazon amid fires
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Neri dos Santos Silva (C) watches an encroaching fire threat after digging trenches to keep the flames from spreading to the farm he works on, in the Nova Santa Helena municipality, in the state of Mato Grosso, Brazil, August 23, 2019. /AP Photo

Neri dos Santos Silva (C) watches an encroaching fire threat after digging trenches to keep the flames from spreading to the farm he works on, in the Nova Santa Helena municipality, in the state of Mato Grosso, Brazil, August 23, 2019. /AP Photo

A new environmental foundation backed by Leonardo DiCaprio is pledging 5 million U.S. dollars in aid to the Amazon, which has been swept by wildfires.

Earth Alliance was created last month by DiCaprio and philanthropists Laurene Powell Jobs and Brian Sheth.

On Sunday, it launched the Amazon Forest Fund in an announcement on their website. The alliance is also seeking donations to help repair the Brazilian rainforest, called the "lungs of the planet."

Brazilian federal experts reported a record number of wildfires across the country this year, up 84 percent over the same period in 2018.

The funds will be distributed to five local groups working to combat the problem: Instituto Associacao Floresta Protegida, Coordination of the Indigenous Organizations of the Brazilian Amazon, Instituto Kabu, Instituto Raoni, and Instituto Socioambiental.

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Source(s): AP