Carbon credit financing offers boost to clean cooking initiatives
Carbon financing is making clean cooking affordable Carbon finance has transformed what was once an expensive clean-energy product into one that millions of low-income households can afford, said Peter Scott, founder and CEO of BURN, which makes eco-friendly cookstoves.
Clean cooking companies are betting that carbon finance, long criticised over concerns about the credibility of some projects, could become Africa's most important tool for expanding cleaner household energy and reducing pressure on forests.
Critics of the approach say relying too heavily on carbon credits to finance clean cooking is still risky.
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