soros

George Soros – Photo by Jeff Ooi (Image source: Wikimedia Commons)

One of the world’s richest men, multi-billionaire venture capitalist, philanthropist and activist George Soros has promised to invest a billion dollars (€675 million) in clean energy technology in order to help mitigate climate change. Soros announced this in Copenhagen on Saturday October 11th at the Project Syndicate Global Editors’ Forum, an international meeting focusing on climate change and energy security. The funds will be allocated at a rate of $10 million per year for the next ten years as part of what has been termed the Climate Policy Initiative, an organization with the purpose of advising policy makers about the environment set to officially begin in Berlin in November.

Read more about Soros’ billion-dollar pledge in the Guardian and on Bloomberg.com.

About The Author: Graham Land

Greenfudge editor and London-based writer Graham Land grew up in the suburbs of Washington, DC, where he was part of the local hardcore punk scene, playing in several bands. Through this musical movement he became involved in grass roots interests such as anti-racist activism, animal rights and Ecology. In 2000 he relocated to Europe, eventually earning an MA from Malmö University in Sweden. He has also lived in Japan, Ireland, Portugal and Greece.



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