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Bill Gates and Boris Johnson launch £400m climate tech fund

Image: Number 10 [CC BY-NC-ND 2.0], via Flickr

UK deal with Breakthrough Energy’s Catalyst aims to commercialise and lower cost of decarbonisation technologies

The UK government has teamed up with US philanthropist Bill Gates to launch a £400 million partnership to drive investment in green technologies, ahead of the United Nations COP26 climate conference.

Announced at the Global Investment Summit on 19 October, the partnership with Gates’s Breakthrough Energy Catalyst programme aims to commercialise and drive down the cost of the decarbonisation technologies needed to reach net-zero carbon emissions by 2050.

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