Tackles poverty and climate change through strategic philanthropy.
The IKEA Foundation has granted over €1.8 billion and pledged €1 billion for 2021-2025.
**Summary of the IKEA Foundation** The IKEA Foundation is a strategic philanthropy dedicated to tackling poverty and climate change, two major threats to the future of children living in vulnerable parts of the world. The foundation focuses on seven global transformations: Food System Transformation, Energy System Transformation, Waste Transformation, Refugee Solutions Transformation, Climate Conversations Transformation, and others aimed at creating sustainable livelihoods and protecting the planet. **Focus Areas:** - **Healthy and Sustainable Living:** Supporting sustainable agriculture and renewable energy. - **Climate, Nature, and Circularity:** Reducing greenhouse gas emissions and promoting circular business practices. - **Fair and Equal:** Promoting human rights and resilient societies. **Financial Resources:** - The IKEA Foundation has granted more than €1.8 billion since its founding. - An additional €1 billion was pledged for 2021-2025 to accelerate the reduction of greenhouse gas emissions. **Funding Criteria:** - The foundation supports programs managed by knowledgeable and innovative organizations. - Funding is guided by principles of trust, efficiency, transparency, and risk-taking. - Unsolicited proposals are not accepted; partners develop concept notes and proposals in close consultation with the foundation’s grant-making team. **Recent Projects:** - **Global Alliance for the Future of Food:** Accelerating agroecology and regenerative agriculture. - **Sustain+:** Developing renewable energy solutions in India. - **University of Oxford’s Refugee Led Research Hub:** Supporting refugee-led research in East Africa.