Twenty-eight of the world’s wealthiest investors are pooling their money to solve climate change.

Bill Gates and Mark Zuckerberg launched the Breakthrough Energy Coalition on Monday, timed to coincide with the U.N Climate Control Conference in Paris. The initiative is dedicated to investing in early-stage companies that will move the world towards zero-carbon energy.

The coalition includes four Chinese partners, Alibaba Chairman Jack Ma, SOHO CEO Zhang Xin, SOHO Chairman Pan Shiyi and founding Managing Parter of Sequoia Capital, Neil Shen.

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Eva Xiao

Eva Xiao is a tech reporter based in Shanghai. Contact her at eva.xiao@technode.com or evawxiao (wechat & twitter).