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Cookstove Project Financing

1

Overview

• Cookstove project Cycle

• Business and Financing models

• Potential International Financing Agencies

2

Cookstove Project Cycle

Cookstove Project Cycle

Feasibility Study

Project Implementation Plan

Stove Installation

Maintenance services

Key Stakeholders i. Project developer, ii. Technology provider, iii. End –User, iv. Operation & Maintenance (O&M) service provider v. Testing agencies

Carbon Project Cycle

Project Identification

Stakeholder consultation

Design documentation

Validation & Registration

Monitoring, Verification & Issuances

Key Stakeholders i. Project developer, ii. End Users iv. NGOs iii. Auditors iv. Certification agencies v. Testing agencies

1-3 Months

2-3 Months

3-4 Months

6-8 Months

6-8 Months

3

Activities Involved

Project Planning

• Cookstove Designing/Testing

• Feasibility Studie

Project Implementation Phase

• Cookstove construction/installation/distribution

• Training and capacity building

• Setting up organization

• Office infrastructure

• Carbon project development

• Validation/registration

Operational Phase

• Post installation services

• Maintenance services

• Monitoring and collection of information

• Verification and Issuance of carbon credits

4

Possible Financing Models

Individuals/

Household Project Developer 1. Consumer finance

$$$$$$$

Retailer/Distributer

Carbon Finance

2. Carbon Finance

3. Distributor Finance

Manufacturer

4. Man./Ret. Finance

Multinational agencies

Foundation Grant Individual Donation Government Grant/subsidy

Private Bank/Loan/ Micro credits

5

Potential International Financing Agencies

Loan

Clean Cooking Loan Fund

kFW Carbon Facility

IADB

KIVA, GVEP, SNV

GIZ

Grant Funding

Global Alliance

• Spur Fund

• Earth Fund

• GEF • Sustainable Forest Management program

• Small Grants Program

DFID (UK)

EU (Energy facility)

USAID

6

Key Initiatives

• “100 Million Improved Cookstove by 2020” by Global Alliance for clean Cookstove (United Nations Foundation)

• Global Environment Facility (GEF) Initiatives

• “Energy For All” by United Nations

• GIZ HERA programme

• World Bank/IADB/UNDP

• Country/region initiatives/Government Grants

• International NGOs like SNV,

7

The Gold Standard Foundation

Vikash Talyan

vikash.talyan@goldstandard.org

+41 22 788 70 80

www.goldstandard.org