EIB: partnership with Bill Gates to finance green technologies
The public and private sectors are investing millions of euros more each year in green technologies, however the steps are still slow and few in number to find and disseminate new products and, furthermore, the prices of green technologies are still too high.
EIB President and Bill Gates recently met to discuss ways to accelerate technology growth, lower costs and help sustainable projects reach commercial stage in less time. President Hoyer told Mr. Gates that the EIB is looking for more long-term partnerships to combat climate change.
In this regard, a new initiative is now at stake: a global green technology funding program called Catalyst. This program was created by Breakthrough Energy, an investment vehicle that Mr. Gates has put together to attract more money for projects that reduce greenhouse gas emissions.
Mr. Gates said he hopes the Catalyst program will lower the prices of green technologies and accelerate innovation, and the EIB is expected to play a key role in finding and organizing funding for these new Catalyst program investments.
Read the original document: A new partnership for our 2050 climate goals
PMI REBOOT - Restart your Business
the digital platform that provides small and medium-sized enterprises with all the information they need to develop nationally and internationally.
You can read lots of other content from verified sources in 57 countries around the world and over 30 intersectoral issues, including regulations, logistics, sustainability and tenders.
If you want to know more and for personalized advice, contact us by e-mail email@example.com or by phone +39 06 916505710.