For many, cooking with wood might seem like a traditional, harmless method. But, the reality is graver. It burdens the global economy with costs surpassing the GDP of Italy ($2.4 trillion) and emits more carbon (1 gigaton) than the entire global airline sector.
– $1.4 trillion in Health-related concerns
– $0.2 Trillion attributed to Climate changes
– $0.8 trillion in Lost productivity
Diving deeper, it’s the household, particularly women, who bear the brunt of this problem. They face severe health implications, compromised safety, and limited opportunities. The annual impact cost amounts to an average of $3,000 per household.
Universal access to modern cooking isn’t a pipe dream. It’s within our grasp. The unison of digital transformation, evolving carbon markets, and burgeoning e-commerce is shaking the traditional frameworks in Base of Pyramid (BoP) markets, paving the way for substantial positive changes.
Our specially designed Impact momentum engine stands at the forefront of our strategy to combat the clean cooking crisis. By fostering scalable collaborations between BoP households and global capital markets, our momentum engine empowers us to introduce high-grade, cost-effective IoT stoves to BoP markets on a grand scale. Each Ecostove comes equipped with the capability to validate carbon credits for up to a decade and a half, diminishing upfront costs for end-users, further propelling sales and credit revenue.
Our dedication to rectifying the clean cooking dilemma mirrors the objectives of the UN Sustainable Development Goals – a structured plan to ensure a sustainable and prosperous future for all.