Carbon finance implementation for the scale-up of clean cooking business in Africa: a case study from Mozambique

This report explores the potential of using carbon finance mechanisms to scale up clean cooking businesses in developing countries. In particular, the study investigates the possibility of including the sales of carbon credits on the voluntary market, to scale up a business of gasifier cookstoves in...

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Detalles Bibliográficos
Autor: Massa, Matteo
Tipo de recurso: tesis de maestría
Fecha de publicación:2024
País:España
Institución:Universitat Politècnica de Catalunya (UPC)
Repositorio:UPCommons. Portal del coneixement obert de la UPC
Idioma:inglés
OAI Identifier:oai:upcommons.upc.edu:2117/421822
Acceso en línea:https://hdl.handle.net/2117/421822
Access Level:acceso abierto
Palabra clave:Business logistics--Environmental aspects
Atmospheric carbon dioxide--Environmental aspects
Logística (Indústria)--Aspectes ambientals
Anhídrid carbònic atmosfèric--Aspectes ambientals
Àrees temàtiques de la UPC::Economia i organització d'empreses
Descripción
Sumario:This report explores the potential of using carbon finance mechanisms to scale up clean cooking businesses in developing countries. In particular, the study investigates the possibility of including the sales of carbon credits on the voluntary market, to scale up a business of gasifier cookstoves in Nampula Province, Mozambique. The research gap addressed is the need for studies linking carbon finance with advanced cooking technologies. Key objectives include assessing the current research landscape on carbon finance in clean cooking, establishing baseline emissions from traditional cooking methods, evaluating methodologies for emission reduction accounting, and examining the feasibility of scaling up businesses through carbon finance mechanisms. This thesis has been performed in the following steps: systematic literature review, in-person interviews, GHG accounting, techno-economic analysis, and financing mechanisms. Literature review findings reveal gasifier cookstoves as a promising solution due to their sustainability and integration ease, over other improved and advanced technologies. Furthermore, it shows how carbon finance offers avenues to mitigate upfront costs and create revenue streams, though challenges such as market volatility persist. The results of the on-site survey underscore the urgent need for cleaner alternatives, with significant environmental and economic impacts identified. A robust methodology from Gold Standard is applied for accurate emission reduction calculations of the case study. Economic scenario analysis indicates promising returns with a significant number of active stoves, highlighting the importance of scalability and market dynamics. The report concludes with recommendations for future research, including the exploration of biochar carbon credits and expanding data collection efforts.