Gold Standard Foundation

MicroEnergy Credits – Microfinance for Clean Cooking Product Lines - India

GS ID

12066

Region

India

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estimated SDG Impacts

No Poverty
Good Health and Well-Being
Gender Equality
Affordable and Clean Energy
Decent Work and Economic Growth
Climate Action

Project Type

Energy Efficiency - Domestic
Energy Efficiency - Domestic

Status

Gold Standard Certified Design

Gold Standard Certified Design

Project Developer

MicroEnergy Credits

Methodology

Methodology for Metered & Measured Energy Cooking Devices

Crediting Period

Apr 04, 2022 ― Apr 03, 2027

Standards Version

Gold Standard for the Global Goals

Annual Estimated Credits

52,000

Project Scale

Large Scale

Project Type

Energy Efficiency - Domestic

Description

The purpose of the programme is to provide end-users with Induction Cookstoves (IC) with the aim to reduce greenhouse gas (GHG) emissions from the burning of non-renewable woody biomass used for cooking. Similarly, the project envisages benefitting household members, especially women, by reducing the exposure to the indoor air pollution, reduced health expenses and reduced drudgery towards collection / purchase of firewood and its use in cookstoves for cooking. This project will be developed under the Gold Standard which will ensure that enhanced local socio-economic benefits, as well as verifiable emission reductions, are achieved.

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