HomeStoriesHelping financial institutions make climate-positive decisions
Helping financial institutions make climate-positive decisions
October 28, 2020
Climate change threatens every aspect of our society, including the financial sector. That is why financial institutions need to devote more attention to understanding not only the impact of climate change but also the role they play in either accelerating or mitigating it.
However, these institutions lack a global standard for measuring the emissions that their loans and investments finance. This is a barrier to managing the climate impact of lending and investment activities.
The Partnership for Carbon Accounting Financials provides financial institutions with a robust and transparent approach to measure the emissions they finance. By understanding their financed emissions, financial institutions can make better decisions to reduce the climate impact associated with their loans and investments, as well as to manage climate related transition risks and identify business opportunities that can support the alignment of financial flows with the goals of the Paris Climate Agreement.
The IKEA Foundation is partnering with the Partnership for Carbon Accounting Financials because we believe that enabling financial institutions to measure their financed emissions will lead them to discuss carbon reduction with the companies they invest in and the clients they lend to, reducing the climate impact of their portfolios. This partnership will lead to the increase of the number of banks and investors that use it to over 100 institutions.
📢 We just helped launch The Shift at @ldnclimateweek — a campaign to make climate progress visible.
Too often, the organisations driving climate solutions don’t have the same access to influential media as those with the greatest resources.
🌍 The Shift is our way of helping change that, supporting our partners to bring their evidence, stories and solutions to new audiences, and shift the climate conversation towards progress already happening.
The campaign features an incredible group of partners working across some of the world’s most pressing climate challenges, including Climate Analytics, Global Methane Hub, InfluenceMap, NewClimate Institute, @fossilfueltreaty, UMI Fund and Youth Climate Justice Fund.
Explore the stories, meet the organisations behind them, and share with your network. Together, we can help more people see the climate solutions already making a difference: 🔗 link in bio!
#LCAW2026 #TheShift
🪰 What if a tiny insect could help tackle food waste, support farmers, and reduce emissions?
The black soldier fly is doing exactly that.
♻️ Across Kenya, partners like @_icipe are scaling insect-based innovations that transform organic waste into valuable resources such as animal feed and organic fertiliser — supporting healthier ecosystems, stronger livelihoods and more resilient food systems.
🍅 And in Indonesia, @magifarm.id, supported through partners like @viriyaenb, is using the same nature-based approach to rethink food waste management, turning waste into value for businesses and households.
This is what people-centred climate action looks like in practice: solutions that work for people, planet and business.
💬 Had you heard of black soldier flies before? What other unexpected climate solutions have caught your attention? Let us know in the comments.
This is cool — literally! 🧊
Denis Karema, CEO of @sokofreshkenya and a strong advocate for expanding access to solar-powered cooling in Kenya, showed us how these solutions make a real difference in farmers’ everyday lives.
By keeping food cold, less goes to waste — a key climate solution as temperatures continue to rise across many regions.
We had the opportunity to document how SokoFresh’s cold rooms are used in Kenya as part of our upcoming IKEA Foundation Week campaign, which will focus on food systems.
This work is supported by the IKEA Foundation and our partner @claspappliances, who are helping bring renewable energy to smallholder farmers in East Africa and India. SokoFresh is also supported by our partners #PREO and @enviu, as part of a strong nexus solution across renewable energy and agriculture work.
A huge thank you to Denis for sharing his inspiring work, and to our fantastic production team in Nairobi for bringing this story to life.
📅 More to come during #IKEAFoundationWeek, Autumn 2026.
#ikeafoundation
Across rural India, women are the backbone of agriculture, balancing farming, food processing, and household care. Yet many still lack access to reliable energy and technologies that can help ease labour and strengthen livelihoods.
Through Powering Livelihoods, led by @ceewindia and @villgro_possible with support from the IKEA Foundation, social enterprises are bringing renewable energy technologies to rural communities.
Swipe to see how one partner, @rahejasolarfoodprocessing, is helping women preserve produce for longer, reduce post-harvest loss, and earn more from what they grow.
As of April 2026, through the Powering Livelihoods-supported enterprises:
🌱 ~46,000+ livelihoods positively impacted, with almost 45% being women
☀️ ~29,000+ renewable energy technology deployments
📍 Across 25+ states and union territories in India
Learn more: link in bio
#IKEAFoundation
