Bill Gates to invest $2bn in breakthrough renewable energy projects

Bill Gates plans to double investment in green energy technology and research to combat climate change, but rejects calls to divest from fossil fuels

Bill Gates has announced he will invest $2bn (1.3bn) in renewable technologies initiatives, but rejected calls to divest from the fossil fuel companies that are burning carbon at a rate that ignores international agreements to limit global warming.

Speaking to the Financial Times, Gates said that he would double his current investments in renewables over the next five years in a bid to "bend the curve" on tackling climate change.