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November 27, 2015

Bill Gates is launching a multibillion-dollar clean energy fund

by John_A

Microsoft co-founder Bill Gates is set to reveal a massive clean energy project on Monday, during the first day of the United Nations climate change summit in Paris. According to Reuters, which originally reported the news, the French government has confirmed that the ex-CEO-turned-philanthropist will launch the Clean Tech Initiative, a push to commit countries to double their budgets on clean energy tech research and developments by 2020. But Gates won’t be working on this multibillion dollar fund alone: The US, Australia, Canada, France, India, Indonesia, Norway, Saudi Arabia and South Korea will all be backing the plan, a person familiar with the matter told Reuters.

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