It’s time to harness the potential of green entrepreneurship

In front of our eyes and in less than a year, we have seen the world being reshaped by the pandemic, with our systems creaking and cracking under its disrupting effects. At the same time, we have seen and continue to witness the resilience and innovations of humans and the human spirit in creating solutions and building back from the disruptions. Now is the time to overhaul and transform our systems.

This is certainly not going to be easy and will require a major shift in our production and consumption habits and, more importantly, in our mindsets. But do we have a choice? Current economic models have generated wealth, improved education and health outcomes, and created employment. But this has come at the cost of increasing inequality and environmental degradation, resulting in the climate crisis and the pandemic. Current models of growth and consumption are unsustainable. We need 1.75 planet Earths to provide resources and absorb waste at our current level of consumption, growing to two planets by 2030. While we need to generate wealth and improve incomes to address poverty, we must do it in a way that optimises our use of resources and regenerates more than we consume, if we are to live comfortably within the planetary boundaries.

Let’s ignite the green entrepreneurial spark and spirit

As we navigate our lives and economies, we all have a unique opportunity to build green, circular and inclusive societies and economies that have people’s well-being at their core. This means accelerating the shift towards a world where people and the planet thrive together. It also means thinking out of the box, innovating at a considerable pace and igniting people’s entrepreneurial spark and spirit.

We have witnessed time and again the role entrepreneurs have played in building societies and economies. It is true that the pandemic has impacted entrepreneurs and their businesses. But entrepreneurs are, by nature, innovative and resilient. This is the time to re-channel their energies, entrepreneurism and innovations towards approaches that help turn environmental challenges into green growth and business opportunities. This way, incomes increase, livelihoods improve and the planet thrives. That’s why we believe promoting green entrepreneurship is now more important than ever before.

Let’s champion green entrepreneurs

Small and growing businesses have significant potential to create employment and contribute to economic growth, especially in local economies. Formal jobs are limited, and growing populations are only exacerbating this challenge, with an estimated 20 million young people in Africa and Asia entering the labour force annually. At the same time, the green economy holds employment creation opportunities, if we can tap into the potential of green entrepreneurship. Trends such as the circular economy unlock new business models (and in turn employment), with workers at the bottom of the pyramid set to benefit, as examples such as waste and recycling demonstrate.

Small and growing entrepreneurs, working at the intersection of improving livelihoods and planet can respond to local needs, use local resources that benefit their communities and boost local economic development. In this way, they can create employment opportunities where they are most needed. We have been inspired by how green entrepreneurs find opportunities in challenges. For example, in India entrepreneurs are turning textile waste into high-value handcrafted products, while in Uganda they are responding to the environmental problem of single-use face masks by shifting to biodegradable masks.

Foster unprecedented collaboration

The time is ripe for governments, the private sector, donors and civil society organisations to harness the full potential of entrepreneurs towards a green and inclusive recovery by promoting green entrepreneurship. We see ample opportunities in nurturing entrepreneurial thinking and mindsets, improving access to green finance and markets and, most importantly, building a healthy ecosystem in which green entrepreneurs can do business and thrive. We urgently need partnerships and coalitions of the willing, as all this calls for unprecedented collaboration from all stakeholders at all levels. We are developing partnerships with like-minded mission-driven organisations who are ready to experiment and scale, and who aren’t afraid to take risks. The path to a green recovery and a brighter future lies in this willingness to innovate and take collaborative action

Vivek Singh, Head of Portfolio – Employment & Entrepreneurship

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  • The IKEA Foundation supports @goglassociation to strengthen and develop the global industry around Productive Use of Renewable Energy (#PURE). Their #PuttingSolar2Work series highlights the benefits that renewable energy can bring to people like Doreen Njoroge. 

Doreen is a mother of three from rural Kenya. In 2022, she adopted an Agsol solar-powered micro-mill, which has not only reduced costs and saved time but also provided her community with cleaner flour. Her story illustrates the potential of #OffGridSolar technology to foster opportunities and resilience. 🌽 🌍

By #PuttingSolar2Work, smallholder farmers aren't just enhancing their businesses but also becoming agents of climate action and economic growth.

🔗 Visit our link in bio to learn more. 

*Image credit to Agsol/GOGLA.

#IKEAFoundation #GOGLA #RenewableEnergy
  • We’re partnering with @thecirculateinitiative to support the Responsible Sourcing Initiative in Kenya and India. This collaboration will help improve the livelihoods of waste workers and increase the responsible sourcing of recycled plastics.

Through training and skills development, the initiative aims to:

✅ Support 500+ waste enterprises.
✅ Generate 100,000 tons of responsibly sourced recycled plastic.
✅ Improve the livelihoods of 50,000 informal waste sector workers and waste pickers by 2026.

By working with global and local partners, we are strengthening plastic recycling supply chains to be fair, just, and inclusive—helping people and protecting the planet.

Head to our link in bio to read more.

#IKEAFoundation #TheCirculateInitiative
  • We’re pleased to share the Climate Governance Initiative 2024 Annual Report. 🌍 🙌

The IKEA Foundation proudly supports Climate Governance Initiative because we believe effective climate leadership within business is vital to transition towards a sustainable and inclusive future.
 
Over the past five years, Climate Governance Initiative has grown into a powerful global movement, empowering over 100,000 board directors across 33 Chapters worldwide to drive bold climate action. 
 
"Climate Governance Initiative has built the foundation of a truly global and influential movement, and this Annual Report portrays a vigorous movement, ever-growing in strength and purpose." - Julie Baddeley, Chair of the Governing Board, Climate Governance Initiative
 
🔗 Head to our link in bio to read the report in full. 
 
#IKEAFoundation #ClimateGovernanceInitiative
The IKEA Foundation supports @goglassociation to strengthen and develop the global industry around Productive Use of Renewable Energy (#PURE). Their #PuttingSolar2Work series highlights the benefits that renewable energy can bring to people like Doreen Njoroge. 

Doreen is a mother of three from rural Kenya. In 2022, she adopted an Agsol solar-powered micro-mill, which has not only reduced costs and saved time but also provided her community with cleaner flour. Her story illustrates the potential of #OffGridSolar technology to foster opportunities and resilience. 🌽 🌍

By #PuttingSolar2Work, smallholder farmers aren't just enhancing their businesses but also becoming agents of climate action and economic growth.

🔗 Visit our link in bio to learn more. 

*Image credit to Agsol/GOGLA.

#IKEAFoundation #GOGLA #RenewableEnergy
The IKEA Foundation supports @goglassociation to strengthen and develop the global industry around Productive Use of Renewable Energy (#PURE). Their #PuttingSolar2Work series highlights the benefits that renewable energy can bring to people like Doreen Njoroge. Doreen is a mother of three from rural Kenya. In 2022, she adopted an Agsol solar-powered micro-mill, which has not only reduced costs and saved time but also provided her community with cleaner flour. Her story illustrates the potential of #OffGridSolar technology to foster opportunities and resilience. 🌽 🌍 By #PuttingSolar2Work, smallholder farmers aren't just enhancing their businesses but also becoming agents of climate action and economic growth. 🔗 Visit our link in bio to learn more. *Image credit to Agsol/GOGLA. #IKEAFoundation #GOGLA #RenewableEnergy
1 month ago
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We’re partnering with @thecirculateinitiative to support the Responsible Sourcing Initiative in Kenya and India. This collaboration will help improve the livelihoods of waste workers and increase the responsible sourcing of recycled plastics.

Through training and skills development, the initiative aims to:

✅ Support 500+ waste enterprises.
✅ Generate 100,000 tons of responsibly sourced recycled plastic.
✅ Improve the livelihoods of 50,000 informal waste sector workers and waste pickers by 2026.

By working with global and local partners, we are strengthening plastic recycling supply chains to be fair, just, and inclusive—helping people and protecting the planet.

Head to our link in bio to read more.

#IKEAFoundation #TheCirculateInitiative
We’re partnering with @thecirculateinitiative to support the Responsible Sourcing Initiative in Kenya and India. This collaboration will help improve the livelihoods of waste workers and increase the responsible sourcing of recycled plastics. Through training and skills development, the initiative aims to: ✅ Support 500+ waste enterprises. ✅ Generate 100,000 tons of responsibly sourced recycled plastic. ✅ Improve the livelihoods of 50,000 informal waste sector workers and waste pickers by 2026. By working with global and local partners, we are strengthening plastic recycling supply chains to be fair, just, and inclusive—helping people and protecting the planet. Head to our link in bio to read more. #IKEAFoundation #TheCirculateInitiative
2 months ago
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2/3
We’re pleased to share the Climate Governance Initiative 2024 Annual Report. 🌍 🙌

The IKEA Foundation proudly supports Climate Governance Initiative because we believe effective climate leadership within business is vital to transition towards a sustainable and inclusive future.
 
Over the past five years, Climate Governance Initiative has grown into a powerful global movement, empowering over 100,000 board directors across 33 Chapters worldwide to drive bold climate action. 
 
"Climate Governance Initiative has built the foundation of a truly global and influential movement, and this Annual Report portrays a vigorous movement, ever-growing in strength and purpose." - Julie Baddeley, Chair of the Governing Board, Climate Governance Initiative
 
🔗 Head to our link in bio to read the report in full. 
 
#IKEAFoundation #ClimateGovernanceInitiative
We’re pleased to share the Climate Governance Initiative 2024 Annual Report. 🌍 🙌

The IKEA Foundation proudly supports Climate Governance Initiative because we believe effective climate leadership within business is vital to transition towards a sustainable and inclusive future.
 
Over the past five years, Climate Governance Initiative has grown into a powerful global movement, empowering over 100,000 board directors across 33 Chapters worldwide to drive bold climate action. 
 
"Climate Governance Initiative has built the foundation of a truly global and influential movement, and this Annual Report portrays a vigorous movement, ever-growing in strength and purpose." - Julie Baddeley, Chair of the Governing Board, Climate Governance Initiative
 
🔗 Head to our link in bio to read the report in full. 
 
#IKEAFoundation #ClimateGovernanceInitiative
We’re pleased to share the Climate Governance Initiative 2024 Annual Report. 🌍 🙌

The IKEA Foundation proudly supports Climate Governance Initiative because we believe effective climate leadership within business is vital to transition towards a sustainable and inclusive future.
 
Over the past five years, Climate Governance Initiative has grown into a powerful global movement, empowering over 100,000 board directors across 33 Chapters worldwide to drive bold climate action. 
 
"Climate Governance Initiative has built the foundation of a truly global and influential movement, and this Annual Report portrays a vigorous movement, ever-growing in strength and purpose." - Julie Baddeley, Chair of the Governing Board, Climate Governance Initiative
 
🔗 Head to our link in bio to read the report in full. 
 
#IKEAFoundation #ClimateGovernanceInitiative
We’re pleased to share the Climate Governance Initiative 2024 Annual Report. 🌍 🙌 The IKEA Foundation proudly supports Climate Governance Initiative because we believe effective climate leadership within business is vital to transition towards a sustainable and inclusive future. Over the past five years, Climate Governance Initiative has grown into a powerful global movement, empowering over 100,000 board directors across 33 Chapters worldwide to drive bold climate action. "Climate Governance Initiative has built the foundation of a truly global and influential movement, and this Annual Report portrays a vigorous movement, ever-growing in strength and purpose." - Julie Baddeley, Chair of the Governing Board, Climate Governance Initiative 🔗 Head to our link in bio to read the report in full. #IKEAFoundation #ClimateGovernanceInitiative
3 months ago
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