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

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.

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