التكنولوجيا وأخبارها بوابة الإمارات لتكنولوجيا المعلومات والإتصالات
Energy Impact Partners Announces Microsoft Will Join Global Innovation Platform
Newly formed Microsoft Climate Fund chooses EIP as first
climate focused investment
Energy Impact Partners (EIP), a global investment platform
leading the transition to a sustainable energy future, has
announced that Microsoft Corp. is joining EIP’s global
Partner network through its newly formed $1 billion
Climate Innovation Fund.
EIP’s Partner Network includes over 30 major energy and
industrial companies, who join the firm’s global coalition
around a shared mission to accelerate the pace of
innovation and rapidly scale the adoption of critical climate
solutions. EIP has pioneered a unique, collaborative
engagement model that elevates insights and best
practices, invests in transformative businesses, and
supports the growth of clean technology start ups by
facilitating dedicated industrial partnerships between its
portfolio and investor base.
“To reimagine a sustainable energy future in this critical
decade for action, it is essential for industry and innovators
to work together. We are thrilled to welcome Microsoft to
our global innovation platform. Their experience and
expertise will only strengthen the leverage of our
remarkable coalition in this common cause,” says Hans
Kobler Founder and Managing Partner at EIP.
The Climate Innovation Fund, which launched in January as
part of Microsoft’s wider, ongoing commitment to a carbon-
negative future, was set up to accelerate the global
development of carbon reduction, capture, and removal
technologies. Over the next four years, Microsoft has
committed to investing $1 billion in climate solutions that
need capital to scale in the market and investments that
will accelerate existing climate solutions and create new
technologies. With its global cloud footprint, Microsoft
relies on energy systems around the world. Investments in
grid resilience, backup power, energy efficiency, and load
management can provide insights and solutions for its own
operations. By 2030, Microsoft has pledged to be carbon-
negative, learn more about the company’s carbon goals at
Microsoft on the Issues.
“Microsoft and EIP both know that to quickly make the
technological changes to address climate change, we need
to invest in accelerating innovation, sharing learnings
among partners, and collaborating. The EIP platform
creates an ecosystem for innovation in which portfolio
companies and investors work together to solve key
challenges in decarbonizing and digitizing the energy and
transportation sectors,” states Brandon Middaugh, director
of the Microsoft Climate Innovation Fund. Middaugh will
also join the EIP ESG Advisory Committee
