Historic Africa Clean Cooking Summit Secures $2.2B In Funding

Historic Africa Clean Cooking Summit Secures $2.2B In Funding - Carbon Herald
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At the inaugural Africa Clean Cooking Summit in Paris, a significant push to provide clean cooking solutions for over 1 billion Africans currently dependent on fuels like charcoal and wood garnered $2.2 billion in pledges from both governments and the private sector.

This event, which took place at UNESCO in Paris on May 14 and drew over 1,000 delegates from nearly 60 countries, addressed the severe health and climate impacts of open-fire cooking.

The use of fuels such as agricultural waste and animal dung is the second leading cause of premature death in sub-Saharan Africa, primarily affecting women and children.

The International Energy Agency (IEA), co-chair of the summit, emphasized the critical importance of addressing this issue.

Relevant: BURN Launches Africa’s First Large-Scale Electric Cooking Carbon Project

IEA Executive Director Fatih Birol highlighted the summit’s success in garnering substantial commitments and underscored the ongoing need for support to enhance health, gender equality, and education, while also mitigating emissions and restoring forests.

“This Summit has delivered an emphatic commitment to an issue that has been ignored by too many people, for too long,” he said in a statement published Wednesday.

The summit was also chaired by the governments of Tanzania and Norway, and the African Development Bank (AfDB), with French President Emmanuel Macron hosting a meeting for heads of state and other leaders.

Norwegian Prime Minister Jonas Gahr Støre announced Norway’s contribution of $50 million, while AfDB President Akinwumi Adesina pledged to increase the bank’s funding to $200 million annually over the next decade.

The IEA said it would make sure the pledged funds are allocated effectively and promptly to those in need and committed to leading the efforts to secure the $4 billion required annually by 2030.

Birol affirmed the agency’s dedication to rigorously tracking the commitments to ensure they are met fully and on schedule, and to continue advocating for increased resources and attention to this vital issue.

Read more: BURN To Receive $12M Investment From Key Carbon For Distribution Of Clean Cookstoves

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