Microsoft’s $1B Climate Innovation Fund

In January 2020, Brad Smith, the President of Microsoft, announced that the company had set a target of becoming carbon negative by 2030.

How does the company plan to do it? What does going carbon negative actually entail?

Brandon Middaugh, the Director of Microsoft’s $1B Climate Innovation Fund, comes on the show to explain. The fund invests in various climate technologies as a part of the company’s overall climate efforts. Investments in its portfolio cover carbon removal, carbon marketplace innovation and the circular economy, among others.

(The fund’s first investment was in Energy Impact Partners, where Shayle is a partner). 

Shayle and Brandon break down the sources of the company’s emissions, its climate strategy, and building a climate “fee” into the company’s operations to funnel back into the fund. 

They talk about the the need to scale promising new technologies far faster than than even wind and solar, discussing what Microsoft can do to support wide-spread adoption. Plus, Brandon highlights some of the investments she’s excited about so far.

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This post appeared first on Greentech Media News.

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