MicroEnergy Credits – Microfinance for Solar Lamps & Efficient Cookstoves
Grouped Project under Verra
In line with our commitment to transparency and integrity, we are providing a comprehensive list of all the information about our Africa clean energy program here.
This initiative aims to ensure that stakeholders have access to program details and documentation in an easy-to-use way.
In the rural areas in Kenya, the predominant means of cooking are traditional cookstoves that use charcoal or wood as fuel. The smoke and fumes from these inefficient stoves contribute heavily to indoor air pollution, and affect human health. In rural areas of Kenya there is either no grid connection or frequent power outages and low voltage so rural households must use kerosene for indoor lighting, which also contributes to indoor air pollution.
Under the project activity, MEC works with project partners to develop a successful and diversified clean energy-lending program. The clean energy program addresses typical barriers for low-income clients including education, price, finance, and supply and aftersales service. MEC trains project partners to implement the clean energy lending program, as well as a robust and transparent carbon credit monitoring and tracking system to quantify and record the volume of carbon emission reductions created through the clean energy program.
Additionality:
Over-crediting
