Getting climate, energy & environment news right.

Bill Gates’ climate fund mobilizes $1.5 billion to make climate tech less expensive

Grace Donnelly of Morning Brew profiles Bill Gates’ Breakthrough Energy Catalyst.

>>>READ: Climate Entrepreneurship is Essential to Addressing Climate Change<<<

The C3 Take
  • In July Bill Gates launched Breakthrough Catalyst, a public-private funding arm of Breakthrough Energy, that to reduce the cost of next generation clean technologies.
  • Catalyst has mobilized $1.5 billion thus far to fund direct air capture, sustainable aviation fuel, energy storage, and green hydrogen projects.
  • Innovation and private sector leadership will help us reach our climate goals.

 

“Catalyst plans to take a portfolio approach, investing in multiple projects working on each of the four areas of emerging climate tech it has identified, and then determing the best way to get long-term funding for the project.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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