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.[1] The aim is to promote a "new economic revolution" that has clean energy as its basis.[1] It was launched as part of the 2015 talks on climate change in Paris.[1]
Members
The Coalition is formed by over 25 investors from across 10 countries.[1][2]
The Coalition's initiative is in conjunction with Mission Innovation.[1][3]
Activities of the Coalition
The Coalition aims to invest in early-stage clean energy companies.[1][4] This will help to boost government investment in renewable energy projects.[1][4] The focus will be on supporting companies that can produce energy with near zero carbon emissions and reliable, affordable energy.[4]
The private capital will support innovative ideas that arise from public research.[4]
Core investment principles are:[4]
- 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
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 http://www.theguardian.com/environment/2015/nov/30/bill-gates-breakthrough-energy-coalition-mark-zuckerberg-facebook-microsoft-amazon
- ↑ http://www.breakthroughenergycoalition.com/en/who.html
- ↑ http://mission-innovation.net/
- ↑ 4.0 4.1 4.2 4.3 4.4 http://www.breakthroughenergycoalition.com/en/index.html