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Cookstove Project Financing
1
Overview
• Cookstove project Cycle
• Business and Financing models
• Potential International Financing Agencies
2
Cookstove Project Cycle
Cookstove Project Cycle
Feasibility Study
Project Implementation
Plan
Stove Installation
Maintenance services
Key
Stakeholders
i. Project
developer,
ii. Technology
provider,
iii. End –User, iv.
Operation &
Maintenance
(O&M) service
provider
v. Testing
agencies
Carbon Project Cycle
Project Identification
Stakeholder consultation
Design documentation
Validation & Registration
Monitoring, Verification
& Issuances
Key
Stakeholders
i. Project
developer,
ii. End Users
iv. NGOs
iii. Auditors
iv. Certification
agencies
v. Testing
agencies
1-3 Months
2-3 Months
3-4 Months
6-8 Months
6-8 Months
3
Activities Involved
Project Planning
•Cookstove Designing/Testing
•Feasibility Studie
Project Implementation Phase
•Cookstove construction/installation/distribution
•Training and capacity building
•Setting up organization
•Office infrastructure
•Carbon project development
•Validation/registration
Operational Phase
•Post installation services
•Maintenance services
•Monitoring and collection of information
•Verification and Issuance of carbon credits
4
Possible Financing Models
Individuals
/
HouseholdProject Developer 1. Consumer finance
$$$$$$$
Retailer/Distributer
Carbon Finance
2. Carbon Finance
3. Distributor Finance
Manufacturer
4. Man./Ret. Finance
Multinational agencies
Foundation Grant Individual Donation Government Grant/subsidy
Private Bank/Loan/ Micro credits
5
Potential International Financing Agencies
Loan
Clean Cooking Loan Fund
kFW Carbon Facility
IADB
KIVA, GVEP, SNV
GIZ
Grant Funding
Global Alliance
• Spur Fund
• Earth Fund
• GEF
• Sustainable Forest Management program
• Small Grants Program
DFID (UK)
EU (Energy facility)
USAID
6
Key Initiatives
• “100 Million Improved Cookstove by 2020” by Global
Alliance for clean Cookstove (United Nations
Foundation)
• Global Environment Facility (GEF) Initiatives
• “Energy For All” by United Nations
• GIZ HERA programme
• World Bank/IADB/UNDP
• Country/region initiatives/Government Grants
• International NGOs like SNV,
7
The Gold Standard Foundation
Vikash Talyan
vikash.talyan@goldstandard.org
+41 22 788 70 80
www.goldstandard.org

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Primer Taller Gold Standard en Colombia :Cookstove project financing GS. Por: Ivan Hernandez & Vikash Talyan

  • 2. 1 Overview • Cookstove project Cycle • Business and Financing models • Potential International Financing Agencies
  • 3. 2 Cookstove Project Cycle Cookstove Project Cycle Feasibility Study Project Implementation Plan Stove Installation Maintenance services Key Stakeholders i. Project developer, ii. Technology provider, iii. End –User, iv. Operation & Maintenance (O&M) service provider v. Testing agencies Carbon Project Cycle Project Identification Stakeholder consultation Design documentation Validation & Registration Monitoring, Verification & Issuances Key Stakeholders i. Project developer, ii. End Users iv. NGOs iii. Auditors iv. Certification agencies v. Testing agencies 1-3 Months 2-3 Months 3-4 Months 6-8 Months 6-8 Months
  • 4. 3 Activities Involved Project Planning •Cookstove Designing/Testing •Feasibility Studie Project Implementation Phase •Cookstove construction/installation/distribution •Training and capacity building •Setting up organization •Office infrastructure •Carbon project development •Validation/registration Operational Phase •Post installation services •Maintenance services •Monitoring and collection of information •Verification and Issuance of carbon credits
  • 5. 4 Possible Financing Models Individuals / HouseholdProject Developer 1. Consumer finance $$$$$$$ Retailer/Distributer Carbon Finance 2. Carbon Finance 3. Distributor Finance Manufacturer 4. Man./Ret. Finance Multinational agencies Foundation Grant Individual Donation Government Grant/subsidy Private Bank/Loan/ Micro credits
  • 6. 5 Potential International Financing Agencies Loan Clean Cooking Loan Fund kFW Carbon Facility IADB KIVA, GVEP, SNV GIZ Grant Funding Global Alliance • Spur Fund • Earth Fund • GEF • Sustainable Forest Management program • Small Grants Program DFID (UK) EU (Energy facility) USAID
  • 7. 6 Key Initiatives • “100 Million Improved Cookstove by 2020” by Global Alliance for clean Cookstove (United Nations Foundation) • Global Environment Facility (GEF) Initiatives • “Energy For All” by United Nations • GIZ HERA programme • World Bank/IADB/UNDP • Country/region initiatives/Government Grants • International NGOs like SNV,
  • 8. 7 The Gold Standard Foundation Vikash Talyan vikash.talyan@goldstandard.org +41 22 788 70 80 www.goldstandard.org