Bill Gates, Ambanis & Tatas to join hands

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Bill Gates and some of the world’s other richest entrepreneurs will join with governments from both rich and emerging countries on Monday to kick off the Paris climate talks by pledging billions of dollars of investment in clean energy technologies.Gates will launch the Breakthrough Energy Coalition, a group of 28 private investors who hail from Silicon Valley to South Africa, that will invest billions of dollars in “patient, flexible risk capital” to bring riskier new technologies to market.

Other members of the Breakthrough Energy Coalition include Facebook Chief Executive Officer Mark Zuckerberg, Alibaba Chairman Jack Ma, Amazon CEO Jeff Bezos, Ratan Tata, retired chairman of Tata Sons, the holding company of the Tata group, Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited and South African billionaire Patrice Motsepe of African Rainbow Minerals.

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