Currently the most utilised stove is the Traditional Lao Stove (TLS) with an overall efficiency of 25%. The stoves use charcoal that is produced from inefficient earth mound kilns which are also responsible for high emission of greenhouse gases. Most of the wood used to produce the charcoal comes from non-renewable forest.
The project involves the widespread dissemination of a new design of more efficient charcoal stoves (New Lao Stoves) in locations across Cambodia. The efficient stoves save 21% of the charcoal when compared to the traditional stove. Supporting this project helps develop a market for the new stoves, through training and quality monitoring of stove producers, set up of a distribution network, and marketing.
Carbon Funding or Finance
Is where an investor pays a project developer in return for ownership of the emissions reductions achieved by that project over a certain time period. Funding may be provided as capital at the start of a project, as income over its life or as a mixture of the two.
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