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TOKYO, Apr 25, 2022 – (JCN Newswire) – Mitsubishi Corporation (MC) is pleased to announce its decision to invest in Breakthrough Energy Catalyst (Catalyst), a program dedicated to accelerating innovative climate technologies. MC plans to invest 100 million USD in Catalyst, and in doing so will become the first company headquartered in Asia to make a commitment of this scale to the fund.
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Catalyst is a first-of-its-kind model that brings together companies, governments, and private philanthropy to accelerate the adoption of critical, next generation climate technologies. Catalyst is part of Breakthrough Energy, a network of initiatives founded by Bill Gates in 2015 dedicated to funding, developing, commercializing, and scaling the technologies that will be necessary to avoid a climate disaster.
By making targeted investments in climate technologies that have proven their potential through research and development, Catalyst aims to speed up their large-scale commercialization. This will significantly decrease the price of new clean products, increase their availability in the market, …
Full story available on Benzinga.com
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