From coal to renewables

November 4, 2021

New collaboration supports “rapid but careful” energy transition

Today, at the UN Climate Change Conference (COP26), Laurence Tubiana, CEO of our partner the European Climate Foundation, introduced an exciting new collaboration: the Coal Asset Transition Accelerator (CATA).

We are proud to support this initiative, which aims to speed up a fair transition to renewable energy and zero-carbon economies.

Making the switch

In her address, Ms Tubiana highlighted the urgent need to end pollution by coal-fired power generation and accelerate the socially just switch to renewables. CATA will empower governments, utilities, companies, financiers and civil society organisations to make this switch.

Funded by a group of philanthropies, including the IKEA Foundation, CATA provides the latest resources and best practices to implement and scale Coal Transition Mechanisms globally. It has a strong focus on social justice.

Fair for workers

The sooner coal is phased out, the more likely it is that society will stay within the 1.5⁰C warming limit set by the Paris Agreement. But despite government deadlines, the financial and legal arrangements surrounding coal ownership stand in the way of a rapid phase-out. At the same time, many workers still depend on coal for their livelihoods.

CATA brings together policy experts, investors, donors and governments to create financial compensation models for coal plants in transition tailored to the local conditions in each country. It also focuses on what coal plant closures mean for workers.

Rapid but careful energy transition

Elizabeth McKeon, Head of Climate Action Portfolio at the IKEA Foundation, says: “The IKEA Foundation is supporting CATA because we believe it will help ensure a rapid but careful transition away from coal. This is crucial if we are to minimise the impacts of climate change and protect the planet for children and families everywhere.”

The group of philanthropies that are supporting CATA also include the Growald Climate Fund and more.

Partner

European Climate Foundation
https://europeanclimate.org/

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  • 🚍🌱🚖 Transforming road transport for #PeopleAndPlanet. Decarbonising transportation is essential to decarbonising society. There are an estimated 1 billion polluting vehicles on the world’s roads, accounting for approximately 15% of annual greenhouse gas emissions. Making the shift to electric vehicles is necessary and urgent. That’s why the IKEA Foundation recently announced a $100 million investment in Drive Electric Campaign’s new Leapfrogging Partnership: a philanthropic effort to supercharge the transition to zero-emission vehicles in emerging markets across Africa, Latin America and Southeast Asia. Nearly 40% of the world’s transportation demand is committed to electric vehicles by 2050, driven by smart government policies and business commitments supported by Drive Electric Campaign’s network of partners. But clean transport and its benefits – from workers saving money on fuel to children breathing cleaner air – are not yet equally distributed. The goal of the Leapfrogging Partnership is to accelerate access to clean, affordable electric vehicles all over the world. #DriveElectric #ElectricVehicles #AirPollution #EnergyTransformation #RoadTransformation
  • Our food systems are not working for people and the planet. We must transition to an approach that respects the environment and ensures the wellbeing of people now and in the future. 🥕 At the World Circular Economic Forum our Programme Manager, Annelies Withofs, talked about the Circular Food Systems for Rwanda programme which supports farmers, entrepreneurs, and businesses to shift towards #RegenerativeAgriculture and circular systems. Learn more about the programme via the link in our bio đź”— #ClimateCrisis #ClimateSolutions #SustainableFoodSystems #wcef2024
🚍🌱🚖 Transforming road transport for #PeopleAndPlanet. Decarbonising transportation is essential to decarbonising society. There are an estimated 1 billion polluting vehicles on the world’s roads, accounting for approximately 15% of annual greenhouse gas emissions. Making the shift to electric vehicles is necessary and urgent. That’s why the IKEA Foundation recently announced a $100 million investment in Drive Electric Campaign’s new Leapfrogging Partnership: a philanthropic effort to supercharge the transition to zero-emission vehicles in emerging markets across Africa, Latin America and Southeast Asia. Nearly 40% of the world’s transportation demand is committed to electric vehicles by 2050, driven by smart government policies and business commitments supported by Drive Electric Campaign’s network of partners. But clean transport and its benefits – from workers saving money on fuel to children breathing cleaner air – are not yet equally distributed. The goal of the Leapfrogging Partnership is to accelerate access to clean, affordable electric vehicles all over the world. #DriveElectric #ElectricVehicles #AirPollution #EnergyTransformation #RoadTransformation
🚍🌱🚖 Transforming road transport for #PeopleAndPlanet. Decarbonising transportation is essential to decarbonising society. There are an estimated 1 billion polluting vehicles on the world’s roads, accounting for approximately 15% of annual greenhouse gas emissions. Making the shift to electric vehicles is necessary and urgent. That’s why the IKEA Foundation recently announced a $100 million investment in Drive Electric Campaign’s new Leapfrogging Partnership: a philanthropic effort to supercharge the transition to zero-emission vehicles in emerging markets across Africa, Latin America and Southeast Asia. Nearly 40% of the world’s transportation demand is committed to electric vehicles by 2050, driven by smart government policies and business commitments supported by Drive Electric Campaign’s network of partners. But clean transport and its benefits – from workers saving money on fuel to children breathing cleaner air – are not yet equally distributed. The goal of the Leapfrogging Partnership is to accelerate access to clean, affordable electric vehicles all over the world. #DriveElectric #ElectricVehicles #AirPollution #EnergyTransformation #RoadTransformation
🚍🌱🚖 Transforming road transport for #PeopleAndPlanet. Decarbonising transportation is essential to decarbonising society. There are an estimated 1 billion polluting vehicles on the world’s roads, accounting for approximately 15% of annual greenhouse gas emissions. Making the shift to electric vehicles is necessary and urgent. That’s why the IKEA Foundation recently announced a $100 million investment in Drive Electric Campaign’s new Leapfrogging Partnership: a philanthropic effort to supercharge the transition to zero-emission vehicles in emerging markets across Africa, Latin America and Southeast Asia. Nearly 40% of the world’s transportation demand is committed to electric vehicles by 2050, driven by smart government policies and business commitments supported by Drive Electric Campaign’s network of partners. But clean transport and its benefits – from workers saving money on fuel to children breathing cleaner air – are not yet equally distributed. The goal of the Leapfrogging Partnership is to accelerate access to clean, affordable electric vehicles all over the world. #DriveElectric #ElectricVehicles #AirPollution #EnergyTransformation #RoadTransformation
🚍🌱🚖 Transforming road transport for #PeopleAndPlanet. Decarbonising transportation is essential to decarbonising society. There are an estimated 1 billion polluting vehicles on the world’s roads, accounting for approximately 15% of annual greenhouse gas emissions. Making the shift to electric vehicles is necessary and urgent. That’s why the IKEA Foundation recently announced a $100 million investment in Drive Electric Campaign’s new Leapfrogging Partnership: a philanthropic effort to supercharge the transition to zero-emission vehicles in emerging markets across Africa, Latin America and Southeast Asia. Nearly 40% of the world’s transportation demand is committed to electric vehicles by 2050, driven by smart government policies and business commitments supported by Drive Electric Campaign’s network of partners. But clean transport and its benefits – from workers saving money on fuel to children breathing cleaner air – are not yet equally distributed. The goal of the Leapfrogging Partnership is to accelerate access to clean, affordable electric vehicles all over the world. #DriveElectric #ElectricVehicles #AirPollution #EnergyTransformation #RoadTransformation
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🚍🌱🚖 Transforming road transport for #PeopleAndPlanet. Decarbonising transportation is essential to decarbonising society. There are an estimated 1 billion polluting vehicles on the world’s roads, accounting for approximately 15% of annual greenhouse gas emissions. Making the shift to electric vehicles is necessary and urgent. That’s why the IKEA Foundation recently announced a $100 million investment in Drive Electric Campaign’s new Leapfrogging Partnership: a philanthropic effort to supercharge the transition to zero-emission vehicles in emerging markets across Africa, Latin America and Southeast Asia. Nearly 40% of the world’s transportation demand is committed to electric vehicles by 2050, driven by smart government policies and business commitments supported by Drive Electric Campaign’s network of partners. But clean transport and its benefits – from workers saving money on fuel to children breathing cleaner air – are not yet equally distributed. The goal of the Leapfrogging Partnership is to accelerate access to clean, affordable electric vehicles all over the world. #DriveElectric #ElectricVehicles #AirPollution #EnergyTransformation #RoadTransformation
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Our food systems are not working for people and the planet. We must transition to an approach that respects the environment and ensures the wellbeing of people now and in the future. 🥕 At the World Circular Economic Forum our Programme Manager, Annelies Withofs, talked about the Circular Food Systems for Rwanda programme which supports farmers, entrepreneurs, and businesses to shift towards #RegenerativeAgriculture and circular systems. Learn more about the programme via the link in our bio 🔗 #ClimateCrisis #ClimateSolutions #SustainableFoodSystems #wcef2024
@ikea_foundation
@ikea_foundation
•
Follow
Our food systems are not working for people and the planet. We must transition to an approach that respects the environment and ensures the wellbeing of people now and in the future. 🥕 At the World Circular Economic Forum our Programme Manager, Annelies Withofs, talked about the Circular Food Systems for Rwanda programme which supports farmers, entrepreneurs, and businesses to shift towards #RegenerativeAgriculture and circular systems. Learn more about the programme via the link in our bio 🔗 #ClimateCrisis #ClimateSolutions #SustainableFoodSystems #wcef2024
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