Through The BlackRock Foundation’s $100 million grant, we are helping to accelerate the affordability and availability of clean energy solutions.
Over $50T in new investments is needed to fund the global energy transition.1 Reaching that staggering number will require innovative new partnerships across the public, private and nonprofit sectors – along with different forms of financing.
As the world's largest asset manager,2 BlackRock is leveraging its investment expertise and resources to spur innovation and accelerate the decarbonization solutions that will help society prosper.
Funding innovation in clean energy
The BlackRock Foundation’s grant to Breakthrough Energy Catalyst aims to finance innovative solutions that combat climate change.
The BlackRock Foundation funding innovative climate technologies
We see an emerging role for philanthropic capital to fill important gaps in funding to de-risk and accelerate the availability of clean energy technologies.
This is why The BlackRock Foundation has committed $100M to Breakthrough Energy Catalyst. Catalyst provides a new framework for how companies, governments and private philanthropy can finance, produce and buy new solutions to accelerate a low-carbon economy. Catalyst’s initial focus will be to help speed the development and commercialization of five clean energy technologies: direct air capture, green hydrogen, green manufacturing, sustainable aviation fuel and long-duration energy storage. Catalyst identifies technologies at critical junctures where investments and blended financing can reduce the green premium - the difference in cost between a carbon emitting technology and its cleaner alternative.
The commitment is the Foundation’s largest grant since it was founded in February 2020 and will help bring vital clean energy solutions forward – at scale – to achieve the world’s decarbonization goals and mitigate the uneven impact of climate change on communities. Making clean technologies viable and affordable for the communities who depend on them is aligned to The BlackRock Foundation’s mission to help people build financial security and participate in an inclusive transition to a low-carbon future.
This approach builds upon the firm’s philanthropic leadership on other pressing societal issues that impact the financial security and wellbeing of people and communities around the world.
Social Impact at BlackRock
We partner with nonprofits, start-ups, corporations and our employees to create impact, whether in our own communitites or on a global scale.
The BlackRock Foundation
We established The BlackRock Foundation to help people build financial security and participate in the transition to a low carbon future.
BlackRock's Emergency Savings Initiative
We committed $50M to help people living on low and moderate incomes build short-term savings, an important financial safety net.
BlackRock
As a global investment manager and fiduciary to our clients, our purpose at BlackRock is to help everyone experience financial well-being. Since 1999, we've been a leading provider of financial technology, and our clients turn to us for the solutions they need when planning for their most important goals.
©2026 BlackRock, Inc. All rights reserved.