Climate activist Greta Thunberg donates prize money to new foundation

LONDON, Feb 20 (Thomson Reuters Foundation) - Teen climate activist Greta Thunberg is using her prize money from an award known as the alternative Nobel to help set up a non-profit organization in her name "to promote ecological and social sustainability."

Thunberg, 17, who won the Right Livelihood Award in December, will use the 1 million Swedish crown ($100,000) prize to establish the Greta Thunberg Foundation in Sweden.

The Swedish teenager said in January that she was establishing a foundation to handle the money she gets from book royalties, donations and prizes.

"We are convinced that Thunberg's new foundation will have a great impact and empower much-needed change," Ole von Uexkuell, executive director of the Sweden-based Right Livelihood Foundation, said in a statement on Thursday.

Thunberg, who was this month again nominated for the Nobel Peace Prize by two Swedish legislators, is among a growing list of people to dedicate funds to battling the impact of climate change, sparking discussions on the best use of this money.

Amazon's Jeff Bezos, the world's richest man, this week pledged $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change.

($1 = 9.8148 Swedish crowns) 

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Teen climate activist Greta Thunberg
Swedish activist Greta Thunberg spoke to hundreds of climate change activists at a rally at the Alberta Legislature in Edmonton on Friday. (Manuel Carrillos/CBC News)
Swedish climate activist Greta Thunberg speaks to several thousand people at a climate strike rally at Denver's Civic Center Park, Friday, Oct. 11, 2019. (AP Photo/David Zalubowski)
Teen climate activist Greta Thunberg greeted as star at Montreal march
Swedish activist and student Greta Thunberg walks off the stage after addressing the Climate Strike in Montreal, Quebec, Friday, Sept. 27, 2019. (Paul Chiasson/The Canadian Press via AP)
Climate change teen activist Greta Thunberg signs a book as she receives the key to the city from Montreal Mayor Valerie Plante after a climate strike march in Montreal, Quebec, Canada September 27, 2019. REUTERS/Andrej Ivanov
Swedish environmental teen activist Greta Thunberg speaks after the climate strike march in Montreal, Quebec, Canada September 27, 2019. REUTERS/Andrej Ivanov
Environmental activist Greta Thunberg, of Sweden, addresses the Climate Action Summit in the United Nations General Assembly, at U.N. headquarters, Monday, Sept. 23, 2019. (AP Photo/Jason DeCrow)
Swedish environmental activist Greta Thunberg, right, shakes hands with U.N. Secretary-General Antonio Guterres, during the Youth Climate Summit at United Nations headquarters, Saturday, Sept. 21, 2019. (AP Photo/Eduardo Munoz Alvarez)
Youth climate change activist Greta Thunberg, left, speaks at a House Foreign Affairs Committee subcommittee hearing on climate change Wednesday, Sept. 18, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
Swedish activist Greta Thunberg, center, who has called on world leaders to step up their efforts against global warming, applauds remarks by Sen. Ed Markey, D-Mass., chairman of the Senate Climate Change Task Force, at a news conference at the Capitol in Washington, Tuesday, Sept. 17, 2019. (AP Photo/J. Scott Applewhite)
Swedish youth climate activist Greta Thunberg, center, marches with other young climate activists for a climate strike outside the White House in Washington, Friday, Sept. 13, 2019. (AP Photo/Susan Walsh)
Swedish environmental activist Greta Thunberg arrives outside the United Nations to participate in a demonstration, Friday, Sept. 6, 2019 in New York. She is to speak at the U.N. Climate Change Summit on Sept. 23. She'll join world leaders who will present plans to reduce greenhouse gas emissions. (AP Photo/Richard Drew)
Swedish environmental activist Greta Thunberg, left, meets with U.N. General Assembly President María Fernanda Espinosa Garces, Friday, Aug. 30, 2019 at United Nations headquarters. Thunberg is scheduled to address the United Nations Climate Action Summit on September 23. (AP Photo/Mary Altaffer)
Climate activists hold a sit-down with peace sign gestures during a climate strike outside the United Nations, Friday Aug. 30, 2019, in New York. (AP Photo/Bebeto Matthews)
Swedish environmental activist Greta Thunberg participates in a Youth Climate Strike outside the United Nations, Friday, Aug. 30, 2019 in New York. Thunberg is scheduled to address the United Nations Climate Action Summit on September 23. (AP Photo/Mary Altaffer)
Greta Thunberg, a 16-year-old Swedish climate activist, sails in New York harbor aboard the Malizia II, Wednesday, Aug. 28, 2019. The zero-emissions yacht left Plymouth, England on Aug. 14. She is scheduled to address the United Nations Climate Action Summit on Sept. 23. (AP Photo/Mary Altaffer)
Greta Thunberg, a 16-year-old Swedish climate activist, speaks in front of a crowd of people after sailing in New York harbor aboard the Malizia II, Wednesday, Aug. 28, 2019. The zero-emissions yacht left Plymouth, England on Aug. 14. She is scheduled to address the United Nations Climate Action Summit on Sept. 23. (AP Photo/Mary Altaffer)
Greta Thunberg, a 16-year-old Swedish climate activist, sails into New York harbor aboard the Malizia II, Wednesday, Aug. 28, 2019. The zero-emissions yacht left Plymouth, England on Aug. 14. She is scheduled to address the United Nations Climate Action Summit on Sept. 23. (AP Photo/Bebeto Matthews)
Swedish 16-year-old activist Greta Thunberg sails underneath the Verrazano-Narrows Bridge on the Malizia II racing yacht in New York Harbor as she nears the completion of her trans-Atlantic crossing in order to attend a United Nations summit on climate change in New York, U.S., August 28, 2019. REUTERS/Mike Segar
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