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