A new €100 million investment fund was established by the European Commission, the European Investment Bank and Breakthrough Energy Ventures during the Fourth Mission Innovation Ministerial meeting in Vancouver, Canada.

The fund, called Breakthrough Energy Ventures Europe, is first of its kind and it will help develop innovative European companies and bring radically new clean energy technologies to the market. The investment will be in five major energy-related sectors where efforts are essential in fighting climate change: electricity, transportation, agriculture, manufacturing and buildings.



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