Over the past two years, Blair has advised JP Morgan and Zurich Financial Services on climate change and related issues. Today's announcement will mark the former PM's first concentrated foray into the world of startups.
Blair has long been concerned with environmental issues. In a 1997 visit to the U.S., he criticized "great industrialised nations" for not reducing greenhouse gas emissions. In 2000, the then-PM earmarked 100 million euros for green-focused environmental policies. And in 2003, Blair told the U.S. Congress that climate change "cannot be ignored."
Through his firm, Tony Blair Associates, Blair will offer advice "drawing on his considerable geopolitical, political, organizational and environmental expertise," according to a release from Khosla. The partnership will focus on startups in solar tech, batteries, biofuels, lighting, mechanical and energy efficiency, and building materials. Here's a snapshot of Khosla's current cleantech portfolio:
“Solving the climate crisis is more than just a political agenda item -- it’s an urgent priority that requires innovation, creativity and ambition,” said Blair. “Entrepreneurs in Silicon Valley and beyond will have a tremendous impact on our environmental future... I look forward to dedicating a portion of my time to help them move us toward a more sustainable tomorrow."
What do you think: Will Blair's record on environmental issues and his experience in politics and policy make him a good adviser for cleantech startups?