IKEA assembles another €1bn to tackle climate change

Jessica Shankleman
clock

Swedish furniture giant says €500m will be invested in wind power with further funds going towards climate adaptation by 2020

Swedish furniture giant IKEA has today called on other businesses to follow its lead after pledging another €1bn to invest in renewable energy and climate adaptation measures over the next five years....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Plans advance for Grangemouth green chemicals hub

Plans advance for Grangemouth green chemicals hub

Two projects supported through Grangemouth Just Transition Fund are set to deliver hundreds of jobs and demonstrate site's long-term potential as sustainable manufacturing hub

clock 12 December 2025 • 4 min read
ExxonMobil to cut low-carbon project spend by a third over next five years

ExxonMobil to cut low-carbon project spend by a third over next five years

Oil and gas giant cuts 2025 to 2030 low-carbon project spend from $30bn to $20bn, as firm doubles down on fossil fuel business

Stuart Stone
clock 10 December 2025 • 4 min read
'No longer a niche climate solution': Governance gaps holding back 'blue carbon' tide

'No longer a niche climate solution': Governance gaps holding back 'blue carbon' tide

Analysis of 20 countries across Africa, Asia, and Latin America and the Caribbean explores financial potential for 'blue carbon' projects

Stuart Stone
clock 09 December 2025 • 3 min read