Leonardo DiCaprio and Jeff Bezos have joined forces to launch the Phoenix Species Project, a new initiative dedicated to recovering critically endangered species. The project starts with a $200 million commitment, making it one of the largest philanthropic efforts ever focused exclusively on bringing such species back from the brink of extinction. The initiative is backed by the Bezos Earth Fund, with DiCaprio also involved. The Phoenix Species Project aims to support conservation work and scientific efforts to restore populations of animals and plants classified as critically endangered. No further details were immediately announced about which species will be targeted first or how the funds will be distributed.