Breakthrough Energy Ventures (BEV) is an investor-led fund that will finance emerging energy breakthroughs to deliver affordable and reliable energy with the goal of reducing global greenhouse gas emissions to near-zero. Aligning with Saudi Arabia’s Vision 2030 and the Sustainable Development Goals (SDGs), <a href="http://www.albawaba.com/business/saudis-prince-al-waleed-pulls-plug-future-iranian-investments-789896" target="_blank">HRH Prince Alwaleed</a> assigned the Alwaleed Philanthropies team to work along the Bill & Melinda Gates Foundation towards the project, saying” the Breakthrough Energy Coalition shows that clean energy and economic development are not mutually exclusive. This innovative investment will help produce the next generation of clean energy technologies and will transform the global energy market.