March 6

Africa: A Partnership to Finance Clean Cooking Through Carbon Credits

By Jean Marie Takouleu

A new alliance is being set up to accelerate access to clean cooking in Africa. The partnership is between the Clean Cooking Alliance (CCA), the United Nations Framework Convention on Climate Change (UNFCCC) and Gold Standard (GS). The aim is to take advantage of the opportunities offered by carbon finance. Carbon markets play a key role in achieving the goal of carbon neutrality and “have the potential to provide the fast-track financing needed to achieve large-scale transitions in the world’s energy systems and economies”, explains the CCA.

Photo courtesy of DFID: Elizabeth Mukwimba M-Power customer with cookstove 01.

Source: Afrik 21 (link opens in a new window)

Energy, Environment
clean cooking, climate change, partnerships