The fund that supports actions against climate change by billionaire Bill Gates, Breakthrough Energy Catalyst (BEC), plans to invest up to $15 billion in “clean technology” projects in the US, the UK and the European Union.
According to CNBC, the BEC has raised more than $1.5 billion in sponsorships and philanthropic actions so far. But according to a recent interview with BEC CEO Jonah Goldman in the Financial Times, the fund’s ultimate goal is to invest up to €15 billion in the fund’s investment. dollars.
To raise this capital, Goldman told the FT that the fund plans to use innovative financial structures and cooperation agreements.
BEC announced in September that it has secured investments from companies such as: Microsoft, BlackRock, General Motors, American Airlines, Boston Consulting Group, Bank of America and ArcelorMittal.
At the same time, it has received support from the US Department of Energy and the Commission.
Clean technology, briefly cleantech, is any process, product or service that reduces the devastating environmental impact through significant improvements in energy efficiency, sustainable use of resources or environmental protection activities. Clean technology includes a wide range of technology related to recycling, renewable energy, information technology, green transport, electric motors, green chemistry, lighting, gray water and more.
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
