Ikea Foundation, Rockefeller Foundation to set up $1 bn global platform to fight climate change
The Ikea Foundation and The Rockefeller Foundation on Monday said they will join forces to set up a USD 1 billion global platform to fight climate change and energy poverty.
“The platform – launching this year – aims to empower 1 billion people with distributed renewable energy (DRE). This is renewable energy generated from sources such as mini-grid and off-grid solutions, located near the point of use, rather than centralized sources like power plants,” Ikea Foundation said in a statement.
