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29

Gates to Announce Multibillion Dollar Clean-Energy Fund

By Tony Seruga

U.S., China among 19 countries planning to double R&D funding
Coalition to launch as world leaders talk climate in Paris

Bill Gates, the world’s richest man, and fellow philanthropists have revealed details of a fund for clean energy technology to be used in countries that have committed public money to double research and development.

Gates, co-founder of Microsoft Corp., will be joined by at least 27 other private investors in the so-called “Breakthrough Energy Coalition,” including Africa’s richest man, Nigerian businessman Aliko Dangote; Alibaba Group Holding Ltd. chairman and founder Jack Ma; and Hewlett Packard Enterprise Co. Chief Executive Officer Meg Whitman…

Gates to Announce Multibillion Dollar Clean-Energy Fund

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