Bill Gates is launching a multi-billion dollar clean energy initiative

On Monday, the United Nations climate change summit will open in Paris, and Bill Gates will be launching a multi-billion dollar clean energy research and development initiative alongside some of the world’s most-powerful politicians. The members of the initiative, which includes both developed and developing countries, will pledge to double the amount of funding they put into clean energy research and development by 2020, and Bill Gates will invest more than $1 billion of his own wealth over the next five years.