How investing in solar pioneers can transform lives

July 12, 2022

We’re happy to announce our new partnership with Acumen to power communities in India and East and West Africa with renewable energy.

The IKEA Foundation is supporting Acumen’s new Pioneer Energy Investment Initiative (PEII+). This will help people living in poverty improve their livelihoods and increase their income and climate resilience.

PEII+ will invest in companies that supply affordable solar-powered appliances—such as cold rooms, water pumps and electric motorbikes—to communities that currently don’t have access to reliable, modern and sustainable energy.

Investment gap

Most of the world’s communities living in poverty rural and young. Living without reliable access to energy is a major barrier to rising out of poverty. And although investment in renewable energy is increasing, there’s still a lack of financing for pioneering companies that provide solar appliances and solutions

Acumen will invest in around 10 new enterprises in East and West Africa and India that supply solar appliances to improve people’s livelihoods. By providing early-stage capital and tailored technical assistance, Acumen will help these enterprises grow and prove they are viable, scalable, and can attract further investment. At a systemic level, Acumen’s effort is directed to crowd-in investors in the productive use solar segment.

Game-changing solutions

Renewable energy-powered appliances have the potential to more than double incomes by saving time, improving yields and enhancing resilience. They are sometimes called “productive use appliances” because they help people make their livelihoods more productive.

A solar-powered water pump can be game-changing for smallholder farmers who depend on costly diesel generators to irrigate their land. A solar-powered refrigerator can increase income for a small shop owner who can keep fish, poultry, dairy and drinks cool for their customers while avoiding food waste.

And with climate change creating more uncertainty in vulnerable communities, self-sustaining income is more important than ever. The renewable energy solutions that Acumen plans to invest in will help people lift themselves out of poverty and protect the planet by reducing greenhouse gas emissions.

Early-stage capital

Sarah Bieber, Head of Energy Partnerships at Acumen, says: “Productive use appliance companies have the potential to transform livelihoods but lack access to investment capital to support their growth. Alongside our partners, we will continue to invest high-risk, early-stage capital in this next generation of innovations.”

Biswarup Banerjee, Renewable Energy Programme Manager at the IKEA Foundation, says: “Energy access influences many factors people need to enjoy a decent quality of life. That’s why we’re championing Acumen’s PEII+ programme, that will invest in expanding the market for renewable energy solutions.”

Partner

Acumen
https://acumen.org/

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What can change when agriculture and energy are planned together? 🌱🌍 Food systems depend on more than crops and climate — they’re shaped by people, supporting services, and the systems around them. Written last year, this article brings together insights from work and partnerships across Eastern Africa, co-written by Judith Jacobs from #SNV, and our co-workers, Ahmed Sameh and Nico Janssen. Today, nearly 20% of the world’s energy use goes into food systems, yet many farmers still lack the power, infrastructure, and services they need to adapt and thrive. These five reasons explain why bringing regenerative agriculture and renewable energy together can help make food production — and rural livelihoods — more resilient. 🔗 Read the full article, link in bio. The Power for Food Partnership works across Kenya, Ethiopia, Uganda, and Rwanda to bring these connections into practice — linking renewable energy, regenerative agriculture, and cross-sector collaboration to support farmers and build more resilient, sustainable food systems. #IKEAfoundation #PowerForFoodPartnership #RegenerativeAgriculture #RenewableEnergy
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What can change when agriculture and energy are planned together? 🌱🌍 Food systems depend on more than crops and climate — they’re shaped by people, supporting services, and the systems around them. Written last year, this article brings together insights from work and partnerships across Eastern Africa, co-written by Judith Jacobs from #SNV, and our co-workers, Ahmed Sameh and Nico Janssen. Today, nearly 20% of the world’s energy use goes into food systems, yet many farmers still lack the power, infrastructure, and services they need to adapt and thrive. These five reasons explain why bringing regenerative agriculture and renewable energy together can help make food production — and rural livelihoods — more resilient. 🔗 Read the full article, link in bio. The Power for Food Partnership works across Kenya, Ethiopia, Uganda, and Rwanda to bring these connections into practice — linking renewable energy, regenerative agriculture, and cross-sector collaboration to support farmers and build more resilient, sustainable food systems. #IKEAfoundation #PowerForFoodPartnership #RegenerativeAgriculture #RenewableEnergy
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What can change when agriculture and energy are planned together? 🌱🌍 Food systems depend on more than crops and climate — they’re shaped by people, supporting services, and the systems around them. Written last year, this article brings together insights from work and partnerships across Eastern Africa, co-written by Judith Jacobs from #SNV, and our co-workers, Ahmed Sameh and Nico Janssen. Today, nearly 20% of the world’s energy use goes into food systems, yet many farmers still lack the power, infrastructure, and services they need to adapt and thrive. These five reasons explain why bringing regenerative agriculture and renewable energy together can help make food production — and rural livelihoods — more resilient. 🔗 Read the full article, link in bio. The Power for Food Partnership works across Kenya, Ethiopia, Uganda, and Rwanda to bring these connections into practice — linking renewable energy, regenerative agriculture, and cross-sector collaboration to support farmers and build more resilient, sustainable food systems. #IKEAfoundation #PowerForFoodPartnership #RegenerativeAgriculture #RenewableEnergy
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What can change when agriculture and energy are planned together? 🌱🌍 Food systems depend on more than crops and climate — they’re shaped by people, supporting services, and the systems around them. Written last year, this article brings together insights from work and partnerships across Eastern Africa, co-written by Judith Jacobs from #SNV, and our co-workers, Ahmed Sameh and Nico Janssen. Today, nearly 20% of the world’s energy use goes into food systems, yet many farmers still lack the power, infrastructure, and services they need to adapt and thrive. These five reasons explain why bringing regenerative agriculture and renewable energy together can help make food production — and rural livelihoods — more resilient. 🔗 Read the full article, link in bio. The Power for Food Partnership works across Kenya, Ethiopia, Uganda, and Rwanda to bring these connections into practice — linking renewable energy, regenerative agriculture, and cross-sector collaboration to support farmers and build more resilient, sustainable food systems. #IKEAfoundation #PowerForFoodPartnership #RegenerativeAgriculture #RenewableEnergy
3 weeks ago
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Did you know that methane emissions affect both the health of people and our planet? And here’s the fact we can’t forget: methane is 86x more potent than CO₂.But it’s also faster to remove from the atmosphere than CO₂ — meaning that reducing methane can deliver impact sooner. The good news? Solutions already exist, and with support from the IKEA Foundation, the #GlobalMethaneHub is helping scale effective ways to reduce emissions worldwide. 🔗 Spend a day with Henrique to learn more, link in bio. #IKEAfoundation #ClimateChange #ClimateAction
Did you know that methane emissions affect both the health of people and our planet? And here’s the fact we can’t forget: methane is 86x more potent than CO₂.But it’s also faster to remove from the atmosphere than CO₂ — meaning that reducing methane can deliver impact sooner. The good news? Solutions already exist, and with support from the IKEA Foundation, the #GlobalMethaneHub is helping scale effective ways to reduce emissions worldwide. 🔗 Spend a day with Henrique to learn more, link in bio. #IKEAfoundation #ClimateChange #ClimateAction
Did you know that methane emissions affect both the health of people and our planet? And here’s the fact we can’t forget: methane is 86x more potent than CO₂.But it’s also faster to remove from the atmosphere than CO₂ — meaning that reducing methane can deliver impact sooner. The good news? Solutions already exist, and with support from the IKEA Foundation, the #GlobalMethaneHub is helping scale effective ways to reduce emissions worldwide. 🔗 Spend a day with Henrique to learn more, link in bio. #IKEAfoundation #ClimateChange #ClimateAction
@ikea_foundation
@ikea_foundation
•
Follow
Did you know that methane emissions affect both the health of people and our planet? And here’s the fact we can’t forget: methane is 86x more potent than CO₂.But it’s also faster to remove from the atmosphere than CO₂ — meaning that reducing methane can deliver impact sooner. The good news? Solutions already exist, and with support from the IKEA Foundation, the #GlobalMethaneHub is helping scale effective ways to reduce emissions worldwide. 🔗 Spend a day with Henrique to learn more, link in bio. #IKEAfoundation #ClimateChange #ClimateAction
1 month ago
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2/4
In a world full of noise and misinformation, credible voices matter more than ever. That’s why nearly 800 @IKEA co-workers applied to join the 2025 IKEA Foundation Ambassador Programme — a journey that connects them with the people and partners the foundation supports as they tackle real-world challenges every day. Ambassadors listen, ask questions, and learn from those closest to the issues — building understanding they bring back to their teams and communities, where awareness grows and perspectives begin to shift. In 2025, the programme: 🌎 reached five hubs across four continents 🇰🇪 launched the first-ever Super Hub in Nairobi 🌟 welcomed 169 new ambassadors 🌱 grew a global learning community of 550+ people in 30+ countries These numbers reflect a growing curiosity — a desire to understand how change really happens and to hear directly from those working closest to the world’s toughest challenges. None of this learning happens without the insight and generosity of our partners. Their leadership continues to inspire and inform us. With our strategy now in motion, we’re doubling down on #ClimateAwareness at a moment when it matters most — and supporting partners creating solutions for people and planet. For 2026, that energy is even stronger: nearly 1,000 IKEA co-workers applied, and we’re excited to welcome 161 new ambassadors, with 38 more joining our Alumni Hub. We’re proud of what last year set in motion, and looking forward to what comes next. #IKEAfoundation #IKEAFoundationAmbassador
@ikea_foundation
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•
Follow
In a world full of noise and misinformation, credible voices matter more than ever. That’s why nearly 800 @IKEA co-workers applied to join the 2025 IKEA Foundation Ambassador Programme — a journey that connects them with the people and partners the foundation supports as they tackle real-world challenges every day. Ambassadors listen, ask questions, and learn from those closest to the issues — building understanding they bring back to their teams and communities, where awareness grows and perspectives begin to shift. In 2025, the programme: 🌎 reached five hubs across four continents 🇰🇪 launched the first-ever Super Hub in Nairobi 🌟 welcomed 169 new ambassadors 🌱 grew a global learning community of 550+ people in 30+ countries These numbers reflect a growing curiosity — a desire to understand how change really happens and to hear directly from those working closest to the world’s toughest challenges. None of this learning happens without the insight and generosity of our partners. Their leadership continues to inspire and inform us. With our strategy now in motion, we’re doubling down on #ClimateAwareness at a moment when it matters most — and supporting partners creating solutions for people and planet. For 2026, that energy is even stronger: nearly 1,000 IKEA co-workers applied, and we’re excited to welcome 161 new ambassadors, with 38 more joining our Alumni Hub. We’re proud of what last year set in motion, and looking forward to what comes next. #IKEAfoundation #IKEAFoundationAmbassador
1 month ago
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3/4
This year reminded us that progress on climate action isn’t a straight line and that the way we move forward matters. 🌍 As climate extremes intensified and uncertainty grew, we saw the importance of working together — with trust, openness and shared purpose. For the IKEA Foundation, being on the way in 2025 has meant moving forward together: 🤝 With our partners, who are doing the work — working alongside communities, testing new approaches, learning what works and pushing for change where it’s needed most. Their leadership, commitment and courage are what turn ambition into action. 👥 With our team, learning, adapting and shaping a new strategic direction — focused on enabling impact, strengthening partnerships and keeping people at the heart of climate action. 🌱 With our ambassadors and changemakers, who share trusted knowledge, challenge misinformation and help people make sense of complexity with clarity and hope. As we look ahead — deepening partnerships and scaling impact — we carry our founder’s reminder with us: happiness, and real change, are found in the journey. #IKEAfoundation
@ikea_foundation
@ikea_foundation
•
Follow
This year reminded us that progress on climate action isn’t a straight line and that the way we move forward matters. 🌍 As climate extremes intensified and uncertainty grew, we saw the importance of working together — with trust, openness and shared purpose. For the IKEA Foundation, being on the way in 2025 has meant moving forward together: 🤝 With our partners, who are doing the work — working alongside communities, testing new approaches, learning what works and pushing for change where it’s needed most. Their leadership, commitment and courage are what turn ambition into action. 👥 With our team, learning, adapting and shaping a new strategic direction — focused on enabling impact, strengthening partnerships and keeping people at the heart of climate action. 🌱 With our ambassadors and changemakers, who share trusted knowledge, challenge misinformation and help people make sense of complexity with clarity and hope. As we look ahead — deepening partnerships and scaling impact — we carry our founder’s reminder with us: happiness, and real change, are found in the journey. #IKEAfoundation
2 months ago
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