Khosla Ventures, a Menlo Park, California-based venture capital firm that focuses on cleantech and information technology startups, announced in May that Former British Prime Minister Tony Blair and his team at Tony Blair Associates will serve as Senior Advisors to the firm. In this role, Tony Blair Associates will provide strategic advice to Khosla Ventures' portfolio of green technology companies. Among his current activities, Tony Blair leads the Breaking the Climate Deadlock initiative, a strategic partnership with The Climate Group which is working with world leaders to build consensus on a new comprehensive international climate policy framework.
"I have always admired Mr. Blair's early and consistent commitment to addressing climate change," said Mr. Khosla. "His goals align so well with our own mission to support disruptive startups in the cleantech space and to find technology solutions that can achieve unsubsidized market competitiveness for green technologies. We believe in attempting to achieve the 'Chindia price point,' the price at which even developing countries will voluntarily adopt these carbon efficient technologies. It's a price that is either cheaper than fossil alternatives or can achieve less than one year payback for efficiency investments, and is the key to scalable global adoption of environmentally beneficial technologies. With Tony's advice and influence, we will create opportunities for entrepreneurs and innovators to devise practical solutions that can solve today's most pressing crisis at a global scale while creating new jobs, new businesses and new sources of sustainable growth. Many more Google, Apple and Facebook-like new companies will be created in the environmental space based on breakthrough black swan technologies."
"Solving the climate crisis is more than just a political agenda item — it's an urgent priority that requires innovation, creativity, and ambition," said Tony Blair. "I share a clear vision with Vinod, one of the earliest leaders in cleantech investment, that entrepreneurs in Silicon Valley and beyond will have a tremendous impact on our environmental future. Vinod's portfolio companies are galvanizing scientific and technological know-how into businesses that can make a huge difference in reducing carbon and other emissions, and I look forward to dedicating a portion of my time to help them move us toward a more sustainable tomorrow. The Khosla Ventures organization is particularly effective in assisting entrepreneurs to develop and deploy their technologies all over the world."