The International Sustainability Standards Board has announced that it has verified the world’s first electric clean cooking carbon credits as part of the Carbon Clean Solutions project. This project targets the reduction of household air pollution caused by traditional cooking methods in developing countries. The project uses electric induction stoves to reduce the use of traditional cooking methods, which generate harmful indoor air pollutants such as PM2.5 particulates. The project provides households with access to affordable, clean energy for cooking and generates carbon credits, which are then sold to finance the project.
The Carbon Clean Solutions project has been operational in Bangladesh since 2017 and has delivered over 570,000 carbon credits. The project has helped to reduce carbon emissions and improve the health and wellbeing of households by reducing exposure to indoor air pollution. The verification of the carbon credits by the International Sustainability Standards Board is an important step towards establishing a global standard for carbon credits generated through clean cooking projects. This global standard will promote transparency and credibility in the market for carbon credits, ensuring that clean cooking projects are more accessible and attractive to investors.
The verification of carbon credits generated from clean cooking projects is an essential step towards achieving the goals of the Paris Agreement. The Paris Agreement aims to limit global warming to well below 2 degrees Celsius above pre-industrial levels and pursue efforts to limit the temperature increase to 1.5 degrees Celsius. The use of electric clean cooking solutions plays a critical role in achieving the goals of the Paris Agreement, especially in developing countries where traditional cooking methods are still prevalent.
The verification of the carbon credits by the International Sustainability Standards Board is a significant achievement and an important step towards establishing a global standard for carbon credits generated from clean cooking projects. This standard will promote transparency and credibility in the market for carbon credits, ensuring that clean cooking projects are more accessible and attractive to investors. Overall, the project is making significant progress towards reducing carbon emissions and improving the health and wellbeing of households in developing countries.
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