Climate love
Image of Rashid Kamau
Rashid Kamau

34 w

•

Image of IKEA Foundation

IKEA Foundation

Climate love

IKEA Foundation backs emerging market EV push with $100 million grant

A global initiative to accelerate electric vehicle uptake has received a $100 million funding boost from the IKEA Foundation to help developing countries bypass gasoline-driven vehicles and go straight to the greener alternative.
Electric Vehicles is one category that is on track to meet Net Zero Emissions. Road transport accounts for 16% of global emissions. Recent years have seen exponential growth in the sale of EVs, together with improved range, wider model availability and increased performance.
Image of post in post detailed view


https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.thejakartapost.com/business/2024/04/02/ikea-foundation-backs-emerging-market-ev-push-with-100-million-grant.html&ved=2ahUKEwj349nCvaaFAxXuXvEDHVujATQQFnoECCIQAQ&usg=AOvVaw3sOndzKTvji7gLd57njCHt




Do you agree?

30 more agrees trigger contact with the recipient

  • Ann Nyambura

    •

    •

    31 w

    This is a big win for sustainability!

    2
    • George Kariuki

      •

      34 w

      This is huge for emerging economies and the fight against climate change. Let's hope this inspires other big corporations to invest in sustainable solutions for the developing world.

      3
      • Elizabeth Gathigia

        •

        34 w

        Thanks to IKEA for giving a helping hand to boost Electric vehicles uptake👏👏 EVs are the future

        2
        • dickson mutai

          •

          •

          34 w

          By focusing on upcoming markets, they're not only reducing emissions but also fostering economic growth and innovation. A wonderful initiative with far-reaching benefits

          3
          • Jane Wangui

            •

            •

            34 w

            Good job IKEA for the great step in ensuring that the amount of pollution caused by fossil fuels is reduced by the use of electric vehicles.

            8
            • Princess

              •

              •

              34 w

              This initiative sets a great example for other organizations to follow suit in supporting renewable energy and sustainable transportation solutions.

              3
              • walter lungayi

                •

                •

                34 w

                The IKEA Foundation's $100 million grant is a significant and positive step. This investment demonstrates a commitment to sustainable transportation and aligns with efforts to reduce carbon emissions, contributing to a cleaner and greener future.

                9

                Re-watch all our COP29 broadcasts

                Rewatch COP29

                We need to stop methane and #BuyMoreTime