Joining a global partnership to accelerate energy transition in South East Asia

Today, we are proud to announce our support for a new global partnership at the One Planet Summit in New York to help countries in South East Asia speed up their transition to renewable energy.

We’re partnering with Germany’s Federal Ministry for the Environment, the UK’s Department for Business, Energy and Industrial Strategy (BEIS), the French Development Agency (AFD) and other global philanthropies.

South East Asian countries face a challenge in balancing their economic growth and the related increase in energy demand—which is expected to double by 2040—with meeting their commitments under the Paris Climate Agreement.

But the region’s vast untapped renewable energy potential, along with the falling cost of clean energy and lessons learned from the global renewable energy market, have also created an opportunity. Seizing this opportunity will help South East Asian countries meet both their energy needs and their Paris climate commitments.

The partnership announced today will consolidate international support for energy transition in South East Asia and promote the right market conditions for the region’s thriving private sector to ramp up investment.

Philanthropies like the IKEA Foundation and others can quickly respond to these emerging needs by committing funds and bringing together experts and policymakers to catalyse change. By working together, we can combine our strengths and make the most of our collective impact through this new South East Asia partnership, building on existing partnerships with the region.

If we are to close the energy gap by 2030—and meet the UN’s 7th Sustainable Development Goal—we must make sure no family is left behind in being able to access affordable, reliable and modern energy.

To further highlight our commitment, we have also announced a €15 million grant to the European Climate Foundation today. This will help countries move towards practices that protect the planet for the benefit of many generations to come.

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  • @purpose Climate Lab builds and supports campaigns that inspire people to take bold #ClimateAction and adopt fair #ClimateChange solutions the world 🌍

We’re proud to partner with Purpose Climate Lab to support its ambitious, people-centred campaigns protecting our planet and ensuring a just transition to a low-carbon future.

One of IKEA Foundation’s values is to ‘renew and improve’. That’s why we’re delighted to share the Purpose Climate Lab’s reflections on an independent evaluation of their work 📣 

It provides important lessons on how to improve the impact of climate change mobilisation.

Explore each reflection in the article found via our bio link 🔗

#ClimateSolutions #PeopleAndPlanet
  • Our purpose at the IKEA Foundation is to create a better everyday life for the many people 🌍

We’re proud to work with so many amazing partners who help us achieve this vision established by our founder, Ingvar Kamprad 🧑‍🤝‍🧑

#PeopleAndPlanet
@purpose Climate Lab builds and supports campaigns that inspire people to take bold #ClimateAction and adopt fair #ClimateChange solutions the world 🌍

We’re proud to partner with Purpose Climate Lab to support its ambitious, people-centred campaigns protecting our planet and ensuring a just transition to a low-carbon future.

One of IKEA Foundation’s values is to ‘renew and improve’. That’s why we’re delighted to share the Purpose Climate Lab’s reflections on an independent evaluation of their work 📣 

It provides important lessons on how to improve the impact of climate change mobilisation.

Explore each reflection in the article found via our bio link 🔗

#ClimateSolutions #PeopleAndPlanet
@purpose Climate Lab builds and supports campaigns that inspire people to take bold #ClimateAction and adopt fair #ClimateChange solutions the world 🌍

We’re proud to partner with Purpose Climate Lab to support its ambitious, people-centred campaigns protecting our planet and ensuring a just transition to a low-carbon future.

One of IKEA Foundation’s values is to ‘renew and improve’. That’s why we’re delighted to share the Purpose Climate Lab’s reflections on an independent evaluation of their work 📣 

It provides important lessons on how to improve the impact of climate change mobilisation.

Explore each reflection in the article found via our bio link 🔗

#ClimateSolutions #PeopleAndPlanet
@purpose Climate Lab builds and supports campaigns that inspire people to take bold #ClimateAction and adopt fair #ClimateChange solutions the world 🌍 We’re proud to partner with Purpose Climate Lab to support its ambitious, people-centred campaigns protecting our planet and ensuring a just transition to a low-carbon future. One of IKEA Foundation’s values is to ‘renew and improve’. That’s why we’re delighted to share the Purpose Climate Lab’s reflections on an independent evaluation of their work 📣 It provides important lessons on how to improve the impact of climate change mobilisation. Explore each reflection in the article found via our bio link 🔗 #ClimateSolutions #PeopleAndPlanet
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Our purpose at the IKEA Foundation is to create a better everyday life for the many people 🌍

We’re proud to work with so many amazing partners who help us achieve this vision established by our founder, Ingvar Kamprad 🧑‍🤝‍🧑

#PeopleAndPlanet
Our purpose at the IKEA Foundation is to create a better everyday life for the many people 🌍 We’re proud to work with so many amazing partners who help us achieve this vision established by our founder, Ingvar Kamprad 🧑‍🤝‍🧑 #PeopleAndPlanet
2 weeks ago
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