Carbon credit financing emerges as Africa’s biggest bet for expanding clean cooking

Carbon credit financing has become the primary engine behind Africa's clean cooking transition, according to the AP, with $900 million in fresh commitments helping companies like Kenya's BURN subsidize electric and biomass cookstoves. The devices are meant to replace charcoal stoves and open fires that drive deforestation and household air pollution.

Supporters say the approach could meaningfully expand access, but the piece notes its long-term viability rests on continued demand for carbon credits rated as high-integrity, a market with a mixed track record of living up to that label.

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