Tag: Ikea Foundation

IKEA Foundation Grants USD 25 Million to Clean Cooling Collaborative

Stuart Mitchell

Clean Cooling Collaborative, the leading global philanthropic program focused on curbing greenhouse gas emissions from cooling, has announced a $25 million grant from the IKEA Foundation over the next four years to advance solutions for efficient, climate-friendly cooling for all. The IKEA Foundation joins the Clean Cooling Collaborative to support its work to shift governments, industries, and consumers towards using efficient, climate-friendly cooling technologies, help reduce greenhouse gas emissions in line with the Paris Agreement and improve billions of lives. “Climate change is fueling record-setting heat waves around the globe,…

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IKEA Foundation pledges £4.5m to back Oxford sustainable finance action

Stuart Mitchell

The IKEA Foundation is supporting, with a grant of £4.5 million over three years, four key University of Oxford Sustainable Finance Group projects, aimed at making a significant contribution to aligning finance and the financial system with the goals of the Paris Agreement. To ensure finance flows into sustainable projects and industries – and deliver on the Paris goal of keeping global temperature rises to 1.5°C – financial institutions need to understand the risks and impacts of their investments and the implications for the bottom line.  Dr Ben Caldecott, director of the Oxford…

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The Carbon Trust awarded €5 million IKEA Foundation funding to realise the potential of energy access in sub-Saharan Africa

Stuart Mitchell

The Carbon Trust has announced a new partnership with the IKEA Foundation following an award of €5 million to support the new Powering Renewable Energy Opportunities (PREO) Programme, which will be delivered jointly with Energy 4 Impact. The PREO programme aims to use renewable energy in sub-Saharan Africa to boost long-term job creation and reduce poverty through economic growth and empowerment of women. Backed by the IKEA Foundation with co-funding from UK Aid, PREO will fund more than 20 collaborative projects and partnerships that use a market-led approach to promoting…

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IKEA Foundation and Porticus join the Food initiative as Philanthropic Partners

Stuart Mitchell

The Ellen MacArthur Foundation’s Food initiative is welcoming two new Philanthropic Partners: IKEA Foundation and Porticus. Expanding the Food initiative’s network and the wealth of expert advice it receives, the new Philanthropic Partners will support the initiative in its mission to stimulate a global shift towards a regenerative food system based on the principles of a circular economy. Emma Chow, Ellen MacArthur Foundation Food initiative lead, said: “We are extremely pleased to have IKEA Foundation and Porticus on board. By coming together like this, we can move forward in our…

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The HOME Project announces €1m donation from The IKEA Foundation

Stuart Mitchell

International humanitarian non-profit organization, The HOME Project, has received a €1 million donation from the IKEA Foundation to support its valuable work in housing and employing refugees stranded in Greece through the current crisis. In particular, the HOME Project is working to bring lone refugee children to safety and has already opened five dedicated shelters, putting in place a structure of care and support where none existed before. The HOME Project provides on-the-ground intervention for refugees enduring harsh conditions in camps and at processing points throughout Greece, meeting real human…

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