Related Articles
Bill Gates in attendance at Cop26
Forward article link
Share PDF with colleagues

EU joins Gates in $1bn clean technology accelerator

Focus on speeding up commercialisation of direct air capture, clean hydrogen, sustainable aviation fuel and long-range storage

The EU has joined a project led by US businessman and philanthropist Bill Gates aimed at accelerating the commercialisation of nascent clean technologies including direct air capture and clean hydrogen by driving $1bn of investment in pilot projects within the EU over the next four years. The European Commission and European Investment Bank signed a memorandum of understanding to join Gates’ Breakthrough Energy Catapult (BEC) initiative during the Cop26 climate talks. BEC, which is already operational in the US, is focused on four technologies identified by Gates and a group of high-profile investors including Amazon, Softbank and Carlyle group. The four are clean hydrogen, direct air capt

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
BP partners with Oman on renewables and hydrogen
18 January 2022
Oil major plans to undertake wind and solar data assessment for multi-gigawatt energy hubs
Oil majors secure Scottish offshore wind rights
18 January 2022
BP, Shell and TotalEnergies buy options to develop large-scale fixed and floating projects offered in Scotwind tender round
China’s green finance boom lacks ESG data
17 January 2022
Regulators demand greater ESG disclosure as China’s emissions goals drive acceleration of green financing
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video