AKZO NOBEL : AkzoNobel backs Dutch bid to support green energy and job creation

Mission Innovation was announced by former Microsoft leader Bill Gates at the United Nations Climate Change Conference (COP21) in Paris last year. At the launch, 20 countries - including the US, UK, China, France, Brazil and India - committed to doubling their respective clean energy R&D by 2020.

In a letter to parliament detailing the Dutch government's plan, Minister of Economic Affairs Henk Kamp referred to the support and participation of various Dutch companies, including AkzoNobel, Philips and DSM.

'We're more than happy to give our support to initiatives such as Mission Innovation, which aims to make life more liveable by providing people with real economic and environmental benefits,' said André Veneman, AkzoNobel's Director of Sustainability. 'We can't afford to wait - clean energy R&D is vital to our future.'

Added Veneman: 'There is also a strong fit with our own Planet Possible approach to sustainability, which is focused on resource efficiency and finding ways to do more with less. Almost 40 percent of our energy use already comes from renewable energy and we're working hard to increase that figure.'

Mission Innovation links to the private sector via the Breakthrough Energy Coalition, also launched by Gates at COP21, which has committed to funding clean energy companies emerging from the initiatives of Mission Innovation.