Sum will be awarded for the best technology created for removing carbon dioxide directly from the atmosphere or oceans and store that carbon in a safe, cost-effective way.
Jeff Bezos is expected to turn up the heat on his space venture, Blue Origin, as it faces a pivotal year and fierce competition from Elon Musk's SpaceX.
The same week Glencore said it will abandon its coal mining interests in Colombia amid dropping profits, the country launched a proposal for its first battery storage system.