It was co-founded by former US Vice President Al Gore and Goldman Sachs' Asset Management head David Blood, with a stated emphasis on sustainable investment options for their mutual funds and other investments.

Generation has offices in London and San Francisco, and as of 2017[update], employed 87 people.

[citation needed] In November 2007, Generation and Kleiner Perkins announced a global collaboration to "find, fund and accelerate green business, technology and policy solutions with the greatest potential to help solve the current climate crisis.

"[4] In 2014, Generation launched Climate Solutions Fund II and the foundation partnered with George Serafeim.

In 2015, Generation launched the Sustainability Insights Series, releasing "Environmental Intelligence" and "The Power Industry in Transition.