Microsoft co-founder Bill Gates at the Washington Economic Club event in June 2019
Microsoft founder Bill Gates is spending $ 2 billion (about $ 1.6 billion) over the next five years to fight climate change. The DPA reported on Monday, referring to the German economic daily Handelsblatt.
According to Gates, innovations are necessary to prevent an impending climate catastrophe, so he wants to invest the announced funds in various related projects and start-ups. According to him, the necessary change of approach will be difficult, but not impossible.
The entrepreneur and philanthropist have also called on governments around the world to at least double their investment in research projects in the field of clean energy and other innovations over the next ten years. He estimates that a total of at least $ 100 billion (approximately € 82 billion) a year will need to be invested in research to meet this goal.
In his latest book How How to avoid a climate disaster ’(How to avoid a climate catastrophe) calls on Gates to eliminate carbon dioxide emissions completely by 2050 in order to prevent enormous environmental and economic damage.
According to Gates, it is inevitable that humanity will change the course of its economy at a pace like never before. He attaches importance in this direction to the transition to the use of renewable resources in the form of solar or wind energy, as well as the introduction of the so-called carbon tax.
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