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Bill Gates climate fund plans to mobilize $15 billion into clean tech

Sam Shead reports for CNBC that Breakthrough Energy Ventures plans to mobilize $15 billion into clean tech.

>>>READ: Innovations Show Promise and Challenges with Energy Transition<<<

The C3 Take
  • Since its inception in 2015, Breakthrough Energy has raised $1.5 billion from businesses and charitable organizations to accelerate clean technologies.
  • The group has recently said that they plan to mobilize $15 billion for climate projects in the U.S., U.K., and E.U.
  • Breakthrough will reach this goal through innovative financial structures and partnership agreements.
  • Private sector leadership is accelerating clean energy innovation.

“Breakthrough Energy Catalyst, a private-public fund backed by Microsoft billionaire Bill Gates, is planning to help invest up to $15 billion into clean tech projects across the U.S., the U.K. and the European Union.”

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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