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Bill Gates in Berlin , Germany. Photo: Inga Kjer/Photothek via Getty Images

A clean-energy venture fund led by Bill Gates is forging a new partnership with the European Commission, the billionaire and Microsoft co-founder announced today.

Why it matters: Gates’ move is the latest sign of how private citizens, companies and other countries are trying to move forward on addressing climate change, despite President Trump’s retreat on the issue.

The details: Breakthrough Energy Ventures, a $1 billion fund created in 2015 by Gates and other billionaires, is creating a joint investment vehicle called Breakthrough Energy Europe.

  • The fund, which will be worth a total of €100 (roughly $115) million, will invest in European companies working to cut greenhouse gas emissions.
  • Half the money will come from the European Commission and the other from the Breakthrough Energy Ventures.

In a blog post accompanying his announcement, Gates said he would be writing more over the next year about what he calls the five grand challenges of addressing climate change, including under-focused areas such as agriculture and manufacturing.

Go deeper:

  • Quartz’ Akshat Rathi runs down the companies the Gates-led fund has recently announced it’s funding.
  • On Tuesday, Gates signed onto a separate new commission led by former United Nations Secretary General Ban Ki-moon, World Bank Chief Executive Kristalina Georgieva, raising awareness about adapting to climate change, per this Bloomberg article. Many parts of the world are already experiencing the impacts of a warmer world--and that will continue and increase even if emissions drop suddenly.

Go deeper

Updated 54 mins ago - World

U.S. releases report finding Saudi prince approved Khashoggi operation

Photo: Bandar Algaloud / Saudi Kingdom Council / Handout/Anadolu Agency via Getty Images

The Office of the Director of National Intelligence (ODNI) has released an unclassified report assessing that Saudi Crown Prince Mohammed bin Salman (MBS) approved the operation to "capture or kill" Washington Post journalist Jamal Khashoggi in 2018.

Driving the news: The White House also announced sanctions on entities implicated in the murder, though not on MBS directly. Officials also announced a new "Khashoggi ban" under which individuals accused of harassing journalists or dissidents outside their borders can be barred from entering the U.S.

About 20% of U.S. adults have received first vaccine dose, White House says

Joe Biden speaks during an event commemorating the 50 million COVID-19 vaccine shots. Photo: Doug Mills-Pool/Getty Images

Nearly 1 in 5 adults and nearly half of Americans 65 and older have received their first dose of the coronavirus vaccine, White House senior adviser Andy Slavitt said on Friday.

The big picture: The Biden administration has previously said it has secured enough doses to vaccinate most of the American population by the end of July.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Most COVID-19 survivors can weather risk of reinfection, study says — "Twindemic" averted as flu reports plummet amid coronavirus crisis
  2. Vaccine: Employers mull COVID vaccine requirements — New data reignites the debate over coronavirus vaccine strategyPfizer begins study on 3rd vaccine dose as booster shot against new strains.
  3. Economy: What's really going on with the labor market.
  4. Local: All adult Minnesotans will likely be eligible for COVID-19 vaccine by summer — Another wealthy Florida community receives special access to COVID-19 vaccine.
  5. Sports: Poll weighs impact of athlete vaccination.

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