Cookstoves for Communities
Improved cookstoves installed
Tonnes of Co2 reduced
Myanmar is the third-largest contributor to deforestation worldwide. As forests disappear, the price of wood gets higher, driving more families into energy poverty. Rural families in Myanmar spend as much as 40% of their income – or the time equivalent – on purchasing or collecting firewood.
The Myanmar Stoves Campaign cuts expenditures on wood, making a huge difference to families already living in poverty, and reducing the time needed to forage for wood means more time to spend on smallholdings and on securing a good harvest. The stoves also reduce carbon emissions by 60%, or four tons per year, per stove. Using innovative impact investing principles, projects produce their own financial returns which are used to further scale reach and impact.
Indoor cooking on inefficient stoves is a silent killer. Air pollution from domestic cooking is responsible for the premature deaths of over 4 million people a year—more than HIV Aids and malaria combined. Each cookstove reduces wood consumption by at least 50%, reducing both pressure on forests and household expenditure on fuel. Air pollution is reduced by 80%, improving the health and safety of the whole community. Carbon emissions are reduced by 60%, or four tons per year, per stove.
Improved cookstoves lower wood consumption, reducing both pressure on forests and household expenditure on fuel. With more efficient stoves, air pollution is significantly reduced, improving the health and safety of families. Carbon emissions are also slashed, contributing to global climate security.
About the Project Developer
The Soneva Foundation was formed in 2010 to support the development of environmental projects that reduce carbon emissions at the same time as addressing deeper social and environmental challenges. Using innovative impact investing principles, projects produce their own financial returns which are used to further scale reach and impact. They certified the first-ever Gold Standard project in Myanmar.