Published: November 3rd, 2021,
Last updated: February 15th, 2023
The principle is simple, said Commission President Ursula von der Leyen at the official launch of the Catalyst program. The joint project of the European Commission, the European Investment Bank, and Bill Gates’ venture fund Breakthrough Energy aims to mobilize $1 billion in investment over the coming years to help green innovations reach market maturity more quickly. The official launch took place on Tuesday evening at the World Climate Conference in Glasgow (COP26).