{"id":59240,"date":"2025-07-18T19:43:29","date_gmt":"2025-07-18T19:43:29","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan"},"modified":"2025-07-18T20:08:57","modified_gmt":"2025-07-18T20:08:57","slug":"funding-carbon-credits-for-africas-cooking-plan","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan","title":{"rendered":"Funding Carbon Credits for Africa’s Cooking Plan"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>Hundreds of millions of dollars poured into Africa over the past year, with more expected, as part of an effort to end harmful cooking methods on the continent, according to the International Energy Agency.<\/p>\n

Governments and the private sector have so far disbursed $470 million of the $2.2 billion pledged at an IEA event last year, exceeding the annualized disbursements needed to fulfil the commitments by 2030.<\/p>\n

\u201cWe hope to see the same number this year, if not higher,\u201d Executive Director Fatih Birol said in an interview. \u201cOur hope is as a result of international efforts coming from Africa and beyond, this may be even higher. I see growing momentum and 2025 emerges in my view as a turning point.\u201d<\/p>\n

Across Africa, more than 900 million people \u2014 or about three-quarters of the population \u2014 rely on open fires and basic stoves that burn charcoal and wood to cook meals. That practice causes the death of over 800,000 people on the continent alone each year, mainly women and children, and worsens carbon emissions and deforestation.<\/p>\n

The funds disbursed since last year include financing for the construction of two new liquefied petroleum gas terminals in Tanzania, stove factories in Malawi, a stove program in the Ivory Coast and fuel storages in Uganda and Nigeria, Birol said.<\/p>\n

Carbon credits<\/b><\/p>\n

Clean cooking investment in Africa rose to its highest year on record in 2023, reaching $675 million \u2013 a growth of about 10% year-on-year, according to an IEA report <\/b>published on Friday. \u201cBased on the pipeline of announced projects and expected market growth, investment in Africa\u2019s cooking sector is set to reach new highs in 2024 and 2025.\u201d<\/p>\n

Carbon credits have also emerged as a key source of finance for cookstove projects, now representing about 10% of financial flows to the sector.<\/p>\n

Revenue from clean cookstove carbon credits in Africa more than quadrupled to $107 million in 2024 from $25 million in 2020. Cookstove projects accounted for 80% of total energy carbon credit transactions in Africa over the past 10 years, mainly in Kenya, Uganda, Malawi, Ghana and Rwanda, The IEA said.<\/p>\n

The aviation sector\u2019s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) could also increase demand for high quality cookstove carbon credits, according to the report.<\/p>\n

For More News And Analysis About Lesotho<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. Hundreds of millions of dollars poured into Africa over the past year, with more expected, as part of an effort to end harmful cooking methods on the continent, according to the International Energy Agency. Governments and the private sector have so far disbursed $470 million of the $2.2 billion pledged at an […]<\/p>\n","protected":false},"author":84,"featured_media":59239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4],"tags":[245],"class_list":["post-59240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-culture-and-art","tag-lesotho"],"yoast_head":"\nFunding Carbon Credits for Africa's Cooking Plan - Lesotho<\/title>\n<meta name=\"description\" content=\"Hundreds of millions of dollars poured into Africa over the past year, with more expected, as part of an effort to end h ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Funding Carbon Credits for Africa's Cooking Plan\" \/>\n<meta property=\"og:description\" content=\"Hundreds of millions of dollars poured into Africa over the past year, with more expected, as part of an effort to end h ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-18T19:43:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-18T20:08:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/07\/sm_1752852953.09656.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"403\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Funding Carbon Credits for Africa’s Cooking Plan\",\"datePublished\":\"2025-07-18T19:43:29+00:00\",\"dateModified\":\"2025-07-18T20:08:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan\"},\"wordCount\":376,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/07\/sm_1752852953.09656.jpg\",\"keywords\":[\"Lesotho\"],\"articleSection\":[\"all news\",\"culture and art\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan\",\"name\":\"Funding Carbon Credits for Africa's Cooking Plan - Lesotho\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/07\/sm_1752852953.09656.jpg\",\"datePublished\":\"2025-07-18T19:43:29+00:00\",\"dateModified\":\"2025-07-18T20:08:57+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Hundreds of millions of dollars poured into Africa over the past year, with more expected, as part of an effort to end h ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/07\/sm_1752852953.09656.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/07\/sm_1752852953.09656.jpg\",\"width\":720,\"height\":403,\"caption\":\"Funding Carbon Credits for Africa's Cooking Plan\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/lesotho\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Funding Carbon Credits for Africa’s Cooking Plan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#website\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/\",\"name\":\"Lesotho\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/lesotho\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Funding Carbon Credits for Africa's Cooking Plan - Lesotho","description":"Hundreds of millions of dollars poured into Africa over the past year, with more expected, as part of an effort to end h ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan","og_locale":"en_US","og_type":"article","og_title":"Funding Carbon Credits for Africa's Cooking Plan","og_description":"Hundreds of millions of dollars poured into Africa over the past year, with more expected, as part of an effort to end h ...","og_url":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan","og_site_name":"Lesotho","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2025-07-18T19:43:29+00:00","article_modified_time":"2025-07-18T20:08:57+00:00","og_image":[{"width":720,"height":403,"url":"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/07\/sm_1752852953.09656.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Funding Carbon Credits for Africa’s Cooking Plan","datePublished":"2025-07-18T19:43:29+00:00","dateModified":"2025-07-18T20:08:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan"},"wordCount":376,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/07\/sm_1752852953.09656.jpg","keywords":["Lesotho"],"articleSection":["all news","culture and art"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan","url":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan","name":"Funding Carbon Credits for Africa's Cooking Plan - Lesotho","isPartOf":{"@id":"https:\/\/www.africa-press.net\/lesotho\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/07\/sm_1752852953.09656.jpg","datePublished":"2025-07-18T19:43:29+00:00","dateModified":"2025-07-18T20:08:57+00:00","author":{"@id":"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Hundreds of millions of dollars poured into Africa over the past year, with more expected, as part of an effort to end h ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#primaryimage","url":"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/07\/sm_1752852953.09656.jpg","contentUrl":"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/07\/sm_1752852953.09656.jpg","width":720,"height":403,"caption":"Funding Carbon Credits for Africa's Cooking Plan"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/funding-carbon-credits-for-africas-cooking-plan#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/lesotho\/"},{"@type":"ListItem","position":2,"name":"Funding Carbon Credits for Africa’s Cooking Plan"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/lesotho\/#website","url":"https:\/\/www.africa-press.net\/lesotho\/","name":"Lesotho","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/lesotho\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/posts\/59240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/comments?post=59240"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/posts\/59240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/media\/59239"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/media?parent=59240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/categories?post=59240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/tags?post=59240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}