Stanford University Announces New Climate Change School With $1.1 Billion Donation
Stanford University announced it is launching a new school later this year focused on climate change and funded by John Doerr, a renowned Silicon Valley venture capitalist.
Doerr and his wife donated $1.1 billion to fund the initiative -- the largest gift ever given to a university for establishing a new school, according to the New York Times. The university's first new school in 70 years will be known as the Stanford Doerr School of Sustainability, and is set to officially launch on September 1. Stanford President Marc Tessier-Lavigne wrote in a message to the university that the school will focus on three broad, but critical areas: earth, climate and society.
"As is often said, we do not inherit the Earth from our ancestors, we borrow it from our children. We must create a future in which humans and nature thrive together," the new dean added.