Bill Gates leads $1 billion venture fund to tackle climate change

‘Over the next 20 years, Bill Gates and 19 other investors and technology leaders will put more than one billion dollars (£793 million) into a new fund aiming to solve climate change-related problems.
Breakthrough Energy Ventures will invest in technologies which are set to “reduce greenhouse gas emissions by at least half a gigaton” and that have “existing scientific proof of concept”.
The fund, which also includes Alibaba founder Jack Ma, Richard Branson, and Amazon’s Jeff Bezos, will officially launch today and will start making investments in 2017. Its main aim will be to develop technologies that can reduce greenhouse-gas emissions.’
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