Carbon credit financing emerges as Africa’s biggest bet for expanding clean cooking

Carbon credit financing emerges as Africa’s biggest bet for expanding clean cooking

NAIROBI, Kenya (AP) — Carbon credit financing is helping to drive Africa’s clean cooking transition by making cleaner stoves affordable for millions of low-income households. As governments introduce new policies, securing $900 million in fresh financing commitments, companies such as Kenya’s BURN are using carbon credits to subsidize electric and efficient biomass cookstoves across the continent. As such devices replace charcoal stoves and open fires, supporters say the approach could accelerate access to clean cooking, help to reduce deforestation and cut hazardous household air pollution. Still, its long-term success depends on sustained demand for high-integrity carbon credits. By Allan Olingo, Associated Press Banner image: Mary Kavutha prepares breakfast using a fuel-efficient cookstove made by BURN in Kiambu, Kenya, on July 31, 2026. Image courtesy of Allan Olingo, Associated Press. Credits Topics

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