DiCaprio's conservation organization Re:wild and the Bezos Earth Fund are jointly leading the new effort, called the Phoenix Species Project, which the groups announced Tuesday. It also supports broader international efforts tied to Target 4 of the Kunming-Montreal Global Biodiversity Framework, a global agreement that calls on governments to halt extinctions and improve the conservation status of endangered species. Bezos, for his part, established the Bezos Earth Fund in 2020, committing billions of dollars toward climate change and environmental restoration efforts globally. The Phoenix Species Project builds on both men's separate track records of environmental philanthropy, bringing their respective organizations together under a single, targeted conservation effort focused specifically on species recovery rather than broader climate mitigation work. Additional details on specific country partnerships and individual species recovery plans are expected to be announced as local grant recipients, including groups like Association Fanamby, begin implementing programs in their respective regions.