Inevitable Inside Microsoft’s $1B Climate Fund Strategy to Hit Net Zero by 2030
May 12, 2025
Brandon Middaugh, Senior Director of Microsoft's $1 billion Climate Innovation Fund, dives into the tech giant's ambitious goals to achieve net-zero emissions by 2030. He discusses the fund's unique 'invest-to-procure' model and its alignment with Microsoft’s sustainable demand, noting a five-fold increase in carbon removal contracts. Hear about strategic partnerships, including with airlines for sustainable fuel, and the vital need for scaling markets in climate innovation. Brandon shares insights on the collaboration necessary to drive meaningful sustainability progress.
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Brandon's Climate Career Journey
- Brandon Middaugh shared his path from a childhood in Baltimore surrounded by nature to becoming focused on climate finance and market-based solutions.
- His journey included work at the Smithsonian, consulting with big corporations, and engaging with sustainability strategies before joining Microsoft.
Demand Outpaces Carbon Removal Supply
- Demand in markets like carbon removal significantly exceeds current supply, though supply has grown fivefold since 2020.
- These markets were nearly non-existent five years ago but are now gaining traction globally.
Invest to Procure Strategy Focus
- Microsoft Climate Innovation Fund invests mainly in companies at commercial scale, typically post-Series A.
- Their strategy leverages Microsoft's role as investor, customer, and partner to differentiate itself in climate tech.