Amazon’s The Climate Pledge Fund has announced new investments in Electric Hydrogen and Sunfire, two of the most promising US and European-based developers of electrolyzers, a key technology that makes emissions-free green hydrogen using water and renewable electricity. The Climate Pledge Fund will invest in companies creating products, services, and technologies to protect the planet. The Climate Pledge Fund is investing in visionary companies across industries, including transportation and logistics, energy generation, storage and utilization, manufacturing and materials, circular economy, and food and agriculture. Amazon has now invested in 18 companies, including Rivian, Redwood Materials, Turntide, CarbonCure, Pachama, Infinium, ZeroAvia, BETA Technologies, ION Energy, CMC, Resilient Power, Hippo Harvest, Amogy, Ambient Photonics, Brimstone, Verne, and now Electric Hydrogen and Sunfire. These companies are advancing technologies and business solutions that can help Amazon and others reach net-zero carbon by 2040. Amazon co-founded The Climate Pledge in 2019, committing to reach net-zero carbon by 2040—10 years ahead of the Paris Agreement. The Pledge now has more than 300 signatories, including Best Buy, IBM, Microsoft, PepsiCo, Siemens, Unilever, Verizon, and Visa.