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Microsoft co-founder and noted philanthropist Bill Gates is leading a round of investments focussing on fighting climate change. With the announcement of the Breakthrough Energy Ventures (BEV) fund, Gates has got together the who’s who of technology world to participate in the energy ventures fund. Unlike most VC investments, the BEV fund has a 20-year duration and it aims to invest in the commercialisation of new technologies which will help fight climate change. Bill Gates formed the Breakthrough Energy Coalition last year along with 28 private investors from around the world. The BEV fund takes the coalition forward with the aims of investing in next generation technologies which will “provide reliable, affordable, zero-carbon energy, food and products to the world.” The idea is to reduce greenhouse-gas emissions by having green electricity generation and storage, transportation, industrial processes and so on. The investments will start happening from 2017 onwards.