Bill Gates Gives $1.5 Billion For Joint Climate Projects With US Gov’t

Washington – Bill Gates will give $1.5 billion in matching funds if Congress approves a public-private partnership program to develop technologies that combat climate change, the Microsoft co-founder and billionaire philanthropist told the Wall Street Journal in an interview.

Gates said the money would be provided through Breakthrough Energy, an umbrella organization he founded that supports research by private companies to reduce greenhouse gases.

“Critical for all these climate technologies is to get the costs down and to be able to scale them up to a pretty gigantic level,” Gates said.