Household air pollution is a leading cause of premature death in Lao PDR. Created when solid wood fuels are burned for cooking and heating, it has serious health, environmental, and economic impacts—especially for women. Highly efficient cookstoves and biomass pellets, like what Ci-Dev’s Lao PDR Clean Cookstove Initiative is promoting, offer a promising solution.
Ci-Dev is using carbon finance to help transform the cookstove market in Lao PDR. Through results-based finance, the Lao PDR Clean Cookstove Initiative aims to distribute 50,000 highly efficient cookstoves in three targeted provinces—Vientiane (capital), Savannakhet, and Champasack. In addition to making the cookstoves more affordable, carbon funds will also be used to support awareness raising campaigns that will help the local market grow. Ci-Dev will make payments for emission reductions up to 540,000 tons of CO2e.
The project will monitor the daily impact on women using the stoves, measuring the benefits like reduced expenditure on fuel, cooking time, and health issues from household air pollution. This data will be used to quantify the benefits of the new cookstoves to enable future results-based finance for clean cookstoves.
The program is an example of how carbon finance can be used to support public-private partnerships to spur cleaner cooking solutions that save energy, improve health, benefit women and children, and lower greenhouse gas emissions.