Rockefeller, Ikea Foundations Establish $1B Green Energy Initiative, Seek Additional Investment | The Daily Caller

by dailycaller.com posted 1month ago 2 views
'Galvanize a better future': The IKEA and Rockefeller foundations have set up a $1 billion initiative aimed at fighting climate change and providing clean energy in developing economies, the foundations announced Monday. The initiative, which seeks to reduce 1 billion tons of carbon emissions and provide clean energy to 1 billion people, is set to launch later this year, the foundations said in a statement Monday. The plan aims to avoid centralized sources of energy such as power plants and instead use “mini-grid” and “off-grid” solutions such as wind power, solar power, and hydropower.

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