Stanford University will launch a new school focusing on climate change thanks to a $1.1 billion gift from billionaire venture capitalist John Doerr and his wife, Ann, the university announced Tuesday.
The gift, one of the largest single donations to an American institute of higher education, will open the Stanford Doerr School of Sustainability this fall. The school combines several existing Stanford departments and institutes and will hire dozens of new faculty members over a decade, as well as establish an accelerator to provide grants for new projects.
