Billionaires new technologies will finance … – www.econostrum.info

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WORLD. Bill Gates, Microsoft co-founder, joins twenty-seven other investors from new technologies or web to a fund of several billion dollars for clean energy.

The billionaires, including Mark Zuckerberg (Facebook), Xavier Niel (founder of Free), Jeff Bezos (Amazon), Richard Branson (Virgin) and Jack Ma (Alibaba) will pool their funds in the Breakthrough Energy Coalition. This private foundation intends to develop a public-private collaboration, approaching Mission Innovation. This initiative twenty countries including France, the United States and Saudi Arabia aims to invest $ 20 bn (€ 18.9 bn) in the search for clean energy by 2020.

Breakthrough Energy Coalition plans to fund, from the research phase, the ideas in any sector: power generation and storage, transport, industrial, agricultural and efficiency of energy systems. “Over the next year, we will work together to create investment vehicles, facilitate these investments and expand the investment community,” says the site created for the occasion.

Monday, November 30, 2015, Bill Gates was able to meet on the sidelines of the international UN conference on Climate Change (Cop 21) which opens in Paris with Barack Obama and François Hollande to present his project.