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Breakthrough Energy Coalition
The Breakthrough Energy Coalition is a clean energy investment initiative backed by a number of high-profile entrepreneurs such as Bill Gates, Mark Zuckerberg and Richard Branson. The aim is to promote a "new economic revolution" that has clean energy as its basis. It was launched as part of the 2015 talks on climate change in Paris.
Activities of the Coalition
The Coalition aims to invest in early-stage clean energy companies. This will help to boost government investment in renewable energy projects. The focus will be on supporting companies that can produce energy with near zero carbon emissions and reliable, affordable energy.
The private capital will support innovative ideas that arise from public research.
Core investment principles are:
- Invest early
- Invest broadly
- Invest boldly
- Invest wisely
- Invest together.
Sources and citations
- http://www.breakthroughenergycoalition.com/en/index.html – home page of the Coalition
- http://www.breakthroughenergycoalition.com/en/who.html – members of the Coalition