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Funds to turn the ideas of the NGO Solar Impulse into reality

2021-05-29T16:47:44.100Z


In partnership with BNP Paribas, Rothschild & Co bank and Air Liquide, 350 million euros will be invested.


After finding more than 1,000 economically viable solutions to reduce CO2 emissions, the Solar Impulse Foundation of Bertrand Piccard is embarking on project financing. The NGO of the Swiss adventurer and innovator intends to support the launch of two investment funds - one led by BNP Paribas and the other by Rothschild & Co, and the industrialist Air Liquide

-

for a total stake of 350 millions of euros.

"We have proven that there are more than 1000 profitable solutions to protect the environment, but companies providing these technologies need investments to develop

," explains Bertrand Piccard.

In this way, we will show that investing in new clean technologies makes sense both economically and ecologically, thus fueling qualitative rather than just quantitative growth, as we are experiencing today. ”

To read also:

Bertrand Piccard: "I have 1000 solutions to save the planet"

The funds working with the foundation will together cover all stages of start-up development.

The

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Source: lefigaro

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