Publication - Valuating the Benefits of Improved Cooking Solutions - Impact Data in High Resolution
Valuating the Benefits of Improved Cooking Solutions - Impact Data in High Resolution
Vivid Economics, Climate-KIC & Gold Standard
Caroline Stuyt, Cor Marijs & John Ward
Gold Standard has published a research study by Vivid Economics that estimates the economic value of Gold Standard-certified project benefits related to climate, health, ecosystem protection, economic opportunity, poverty reduction and other development outcomes from its improved cooking solutions project portfolio. The study, supported by Climate KIC, finds that for every carbon credit issued from a clean cookstove project, $267 in economic value is created. For domestic biogas projects, the average value created is $465 per credit. The net benefit of Gold Standard's improved cooking solutions portfolio adds up to $2.6 billion per annum and, to date, $11.6 billion over total project lifetime.