Difference between revisions of "Breakthrough Energy Coalition"
Line 38: | Line 38: | ||
|Participants companies number=14 | |Participants companies number=14 | ||
|Participants companies names=African Rainbow Minerals (South Africa), Breakthrough Energy Ventures (USA), Engie (France), General Electric (USA), Microsoft (USA), NationalGrid (United Kingdom), Oil and Gas Climate Initiative (United Kingdom), Prelude Ventures (USA), Reliances Industries Limited (India), SAP (Germany), Total (France), Virgin (United Kingdom), WHEATSHEAF (United Kingdom). | |Participants companies names=African Rainbow Minerals (South Africa), Breakthrough Energy Ventures (USA), Engie (France), General Electric (USA), Microsoft (USA), NationalGrid (United Kingdom), Oil and Gas Climate Initiative (United Kingdom), Prelude Ventures (USA), Reliances Industries Limited (India), SAP (Germany), Total (France), Virgin (United Kingdom), WHEATSHEAF (United Kingdom). | ||
+ | |Participants business organisations names=Engie (France) | ||
|Participants research and educational organisations number=1 | |Participants research and educational organisations number=1 | ||
|Participants research and educational organisations names=University of California (USA) | |Participants research and educational organisations names=University of California (USA) |
Revision as of 13:35, 31 August 2020
General
Name of initiative | Breakthrough Energy Coalition |
---|---|
LPAA initiative | Yes |
NAZCA Initiative | Yes |
Website address | http://www.b-t.energy/ |
Related initiatives | |
Starting year | 2015 |
End year | |
Secretariat | jonah.goldman@bgc3.com |
Organisational structure | It is a coalition of 32 individuals and one institution who together have decided to invest in clean energy according to a set of principles. |
Geographical coverage | Global |
Name of lead organisation | |
Type of lead organisation | |
Location/Nationality of lead organisation |
Description
Description | Breakthrough Energy Coalition was announced at COP21 aiming at private sector engagement to accelerate the cycle of innovation through investment in early stage innovations. The initiatives groups private investors willing to put patient and flexible risk capital for new technologies, which may provide meaningful returns on investment in the long-haul. One year after the COP21 the Breakthrough Energy Fund was launched. This is a USD 1 billion fund provided by a partnership of 28 high net worth investors committed to fighting climate change by investing in clean energy innovation. Breakthrough Energy Fund is providing capital with a 20-year time horizon, but is looking for a return on its investment. The group is spearheaded by Bill Gates. |
---|---|
Objectives | Not stated. |
Activities | They have divided the landscape into Grand Challenges in five fields that are the biggest contributors to global greenhouse gas emissions: electricity, transportation, agriculture, manufacturing and buildings. Within each of these Grand Challenges several Technical Quests have been identified, different areas where research and investment might bring us closer to an emission-free future.
Members of BEC have committed to invest more than $1 billion in Breakthrough Energy Ventures (BEV), an investor led fund that will finance emerging energy breakthroughs. The Landscape of Innovation is described in: http://www.b-t.energy/wp-content/uploads/2016/10/BreakthroughEnergyCoalition_Landscape.pdf |
One or two success stories achieved |
Monitoring and Impacts
Function of initiative | Political dialogue |
---|---|
Activity of initiative | Policy planning and recommendations |
Indicators | |
Goals | |
Comments on indicators and goals | |
How will goals be achieved | |
Have you changed or strenghtened your goals | |
Progress towards the goals | |
How are you tracking progress of your initiative | |
Available reporting |
Participants
Participants | Number | Names | ||
---|---|---|---|---|
Members | 16 | |||
Companies | 14 | African Rainbow Minerals (South Africa),Breakthrough Energy Ventures (USA),Engie (France),General Electric (USA),Microsoft (USA),NationalGrid (United Kingdom),Oil and Gas Climate Initiative (United Kingdom),Prelude Ventures (USA),Reliances Industries Limited (India),SAP (Germany),Total (France),Virgin (United Kingdom),WHEATSHEAF (United Kingdom). | ||
Business organisations | 0 | Engie (France) | ||
Research and educational organisations | 1 | University of California (USA) | ||
Non-governmental organisations | 0 | |||
National states | 0 | |||
Governmental actors | 0 | |||
Regional / state / county actors | 0 | |||
City / municipal actors | 0 | |||
Intergovernmental organisations | 0 | |||
Financial Institutions | 1 | BNP Paribas (France) | ||
Faith based organisations | 0 | |||
Other members | 0 | |||
Supporting partners | 0 | |||
Number of members in the years |
| |||
Have only national states as participators | No |
Theme
Transport | Agriculture | Forestry | Business | Financial institutions | Buildings | Industry | Waste | Cities and subnational governments | Short Term Pollutants | International maritime transport | Energy Supply | Fluorinated gases | Energy efficiency | Renewable energy | Supply chain emission reductions | Adaptation | Other | Resilience | Innovation | Energy Access and Efficiency | Private Finance |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | Yes | No | Yes |
Last update: 31 August 2020 12:38:58
Not only have national states as participators