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On April 24, 2017, Ci-Dev signed an emissions reduction purchase agreement (ERPA) with DelAgua for the purchase of 320,000 certified emission reductions (CERs) to be generated through end 2022.
The project will support the company to set up and run a retail sales operation for improved cookstoves throughout Rwanda, with approximately 37,000 stoves generating the CERs purchased under the ERPA - with many of them being higher-performing gasifying stoves. DelAgua will partner with local financial partners so that households are able to afford these higher quality - but more expensive - products. The ERPA has already been used by DelAgua to secure up-front financing with plans for more already underway.