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Gates Raises Over $1 Billion For Green Technologies As Part Of Climate Change Pledge

Lisa Kim of Forbes reports that Bill Gates has raised over $1 billion for green technologies.

The C3 Take
  • Bill Gates, through his nonprofit Breakthrough Energy Ventures, has raised over $1 billion for the advancement of green hydrogen, direct air capture, sustainable aviation fuel, and long duration energy storage.
  • This funding round came from corporations and other members of the private sector that are serious in their commitment to a cleaner future.
  • Gates’ leadership shows that the private sector is best equipped to address climate change.

“In 2016, Gates launched the $1 billion Breakthrough Energy Ventures fund that now has the backing of more than 25 investors to develop affordable clean energy. The fund has supported a range of startups, including those that work to replace fossil fuels and make meat alternatives.”

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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