World Climate Summit - (www.worldclimatesummit.com) - Khosla Ventures, a Venture Capital firm that focuses on cleantech and information technology startups, today announced a strategic partnership with Tony Blair Associates. Former British Prime Minister Tony Blair and his team will leverage his advocacy for environmental issues and his global relationships to help Khosla’s broad portfolio of clean technology companies maximize their effectiveness in achieving their environmental goals. Founded by billionaire Vinod Khosla in 2004, Khosla Ventures is developing one of the largest, most diverse, and eclectic cleantech portfolios. Khosla Ventures views partnerships with large corporations, environmental and governmental organizations essential to maximizing its environmental impact. “I’m neither a tech expert nor a financial expert, but I find the conversation I had to contemplate the vast expanses of my own ignorance. The answers to climate change and energy security lies in the technological innovations. I am thrilled to play whatever small part I can.” Tony Blair during press conference Although Tony Blair did admit he was not a cleantech expert, his firm, Tony Blair Associates will offer strategic advice to Khosla Ventures’ green portfolio companies, drawing on his considerable geopolitical, political, organizational and environmental expertise. With Mr. Blair’s support, Khosla Ventures will continue to foster innovations that can cost-effectively reduce carbon emissions – in areas that include solar, batteries, biofuels, lighting, mechanical and energy efficiency, and building materials. Mr. Khosla dubs their area of focus “maintech” rather than “cleantech,” as he believes the infrastructure of society will be substantially impacted by technologists and entrepreneurs supported by his and other similar portfolios.
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