NEW YORK, Feb. 28, 2025 /PRNewswire/ — Today at the New York Stock Exchange, the Clean Cooking Alliance (CCA), in collaboration with 13 other organizations, is set to launch The Buyer’s Guide to High-Quality Cookstove Carbon Credits. This first-of-its-kind guide aims to bring greater clarity and integrity to the cookstove carbon credit market by equipping corporate buyers with the tools and insights they need to support high-quality projects that deliver climate impact.
Carbon credits derived from clean cookstove projects have the potential to reduce over a billion metric tons of carbon dioxide emissions annually, while also tackling energy poverty, forest degradation, and air pollution. However, buyers have faced challenges in identifying credible, high-impact credits. The Buyer’s Guide provides a practical roadmap for companies and investors seeking to purchase carbon credits that meet the highest standards of environmental integrity and social responsibility.
“The cookstove carbon credit market has grown rapidly, but buyers need reliable guidance to ensure their investments are making a measurable difference,” said Dymphna van der Lans, CEO of CCA. “This guide will raise the bar for responsible carbon finance, helping corporations and institutions align their carbon credit purchases with meaningful climate action and sustainable development goals.”
The result of extensive collaboration with technical experts, project developers, investors, and carbon market leaders, the Buyer’s Guide is a direct outcome of last year’s Summit on Clean Cooking in Africa, which established a Clean Cooking Carbon Credit Task Force with CCA, the International Energy Agency, Gold Standard, and International Emissions Trading Association (IETA), along with 45 other organizations. Other contributors to the guide include Abatable, AlliedOffsets, BURN, Climate Impact Partners, Climate Impact X, FairClimateFund, Intercontinental Exchange (ICE),Spark+ Africa Fund, the Voluntary Carbon Markets Integrity Initiative, and Verra. The guide builds upon the Principles for Responsible Carbon Finance in Clean Cooking, a framework endorsed by over 180 organizations worldwide.
“Cookstove projects represent a unique intersection of environmental and social impact,” said Dirk Forester, IETA President and CEO. “By reducing greenhouse gas emissions and improving livelihoods, these projects exemplify the high standards that IETA promotes through its Guidelines for High Integrity Use of Carbon Credits. The Buyer’s Guide provides organizations with actionable insights to source and integrate credits responsibly, reinforcing confidence in the market.”
The Buyer’s Guide launch event, hosted by ICE, will bring together leaders in carbon finance, corporate sustainability, and clean energy to discuss the future of high-quality cookstove carbon projects and their role in global climate action.
Download the full guide here: https://cleancooking.org/buyers-guide/
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SOURCE Clean Cooking Alliance
