New Edition of Vantage Point Features Contributions by U.S. EPA
Administrator Michael S. Regan,
Second Lady of Ghana H.E. Samira Bawumia, and CEOs of Gold Standard
and C-Quest Capital
WASHINGTON, D.C., April 29,
2024 /PRNewswire-PRWeb/ -- The new edition of the
Clean Cooking Alliance's digital magazine Vantage Point:
Perspectives on Clean Cooking released today highlights the
importance of carbon finance for clean cooking and for helping
solve the climate crisis.
"It's clear the voluntary carbon markets
are a crucial mechanism for the rollout of clean cooking solutions
to the 2.3 billion people that still need them." – Jules
Kortenhorst, CEO of C-Quest Capital
"We are excited to see this issue of Vantage Point highlight the
role that climate finance can play in mitigating the harmful
effects of polluting cooking methods," note Michael Regan, Administrator of the U.S.
Environmental Protection Agency, and H.E. Samira Bawumia, Second
Lady of Ghana, in the magazine's
opening story. "By harnessing the power of carbon finance in tandem
with gender-responsive approaches, we can ensure that women and
children, who today are disproportionately affected by energy
poverty, are not left behind in the energy transition."
The magazine explores some of the challenges in expanding carbon
finance for clean cooking; innovative efforts to bring more
investors onto the scene; and new programs to strengthen the
market's sustainability and transparency, including the CCA-led
Clean Cooking and Climate Consortium and the Responsible Carbon
Finance for Clean Cooking Initiative. This issue also delves into
key methodological aspects of carbon crediting and features
interviews with the leaders of two key organizations in the clean
cooking carbon sector: C-Quest Capital and Gold Standard.
"It's clear the voluntary carbon markets are a crucial mechanism
for the rollout of clean cooking solutions to the 2.3 billion
people that still need them," says Jules Kortenhorst, CEO of
C-Quest Capital. "In the short term, one of our top priorities will
be working to enhance the quality, integrity, and transparency of
carbon markets, including our own work and processes."
"Clean cooking is our largest portfolio of activities and one in
which we take particular pride," says Margaret Kim, CEO of Gold Standard. "Throughout
that time, we've pioneered best-in-class methodologies and
supporting tools and continue to innovate – with our recent metered
methodology setting new benchmarks… In clean cooking and carbon
finance, the pursuit of excellence and adherence to best practices
is a continuous journey."
"Through these articles, case studies, and interviews, we invite
you to explore the innovative approaches and successful models
driving progress in the realm of carbon finance for clean cooking,"
note Elisa Derby, CCA Senior
Director of Climate Impacts and Standards, and Feisal Hussein, CCA Senior Director of
Innovative Finance. "Together, let us seize the opportunities
afforded by carbon finance to catalyze a clean cooking revolution
and build a more equitable and sustainable future for
all."
Around the world, 2.3 billion people are forced to rely on
polluting open fires and inefficient stoves to cook their daily
meals. Cooking this way releases 1 gigaton of carbon dioxide
equivalent each year – as much as the emissions from aviation or
shipping – as well as powerful climate pollutants like black
carbon. It is also a driver of forest degradation, especially in
southeast Asia and Africa, where over 50% of the woodfuel
harvested is unsustainable. CCA and its many partners are dedicated
to addressing this climate challenge by increasing carbon finance
for clean cooking projects, among other activities, to ensure that
clean cooking is part of the broader climate solution.
Click to read Vantage Point: Perspectives on Clean Cooking –
Vol. 2
Media Contact
Kip Patrick, Clean Cooking
Alliance, 2028879040, kpatrick@cleancooking.org,
cleancooking.org
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SOURCE Clean Cooking Alliance