LuxAid Demonstration Fund

Carbon credits 4 clean cooking

• Rwanda
• 2024
• Ongoing

Challenge

Use of charcoal and wood as fuel is a significant source of pollution, including in-door pollution, and CO2 emissions in Rwanda. Furthermore, wood and charcoal as fuel source are putting pressure on natural ecosystems, as well as household expenses.

Innovative solution

Biomassters offers highly efficient pellet stoves for domestic use, helping to reduce the use of charcoal or wood. In order to maximise cost efficiency of usage of pellets, the company is also distributing carbon credit revenues to users.

Impact

• Market expansion aiming to reach +7,000 clients in 2024 and +10,000 in 2025, thus providing a cheaper clean cooking method (pellets cost 30% less than charcoal) and new resources for users through carbon credits received
• Reduction of CO2 emissions (approximately 1 to 5 tonnes per household)
• Decrease in health risks and domestic pollution

Targeted Sustainable Development Goals

• 
  Creating a solution that lowers the daily effort and expense for every household produces an immediate and sustained impact on poverty.
• 
  By employing a more efficient fuel source and distributing revenues through carbon credits, costs are reduced, and users can generate additional revenue.
• 
  The users improve their health conditions and well-being through less indoor pollution (reduced household air pollution by up to 99%).
• 
  Pellet stoves, utilizing more cost-effective and environmentally friendly resources than those typically employed, provide users with access to an affordable and clean cooking solution.
• 
  Substituting wood fuel sources reduces the risk of using potentially unsustainably harvested wood, thereby mitigating forest degradation.

News

• Business Partnership Facility

  
  Sep. 2024

  Launch of the 12th edition of the BPF: Business partnerships for sustainable development

  Does your company hold expertise or technology with a large social or environmental impact potential? Looking to test your solution through a pilot project or to introduce it to new markets? Apply to the Business Partnership Facility (BPF) to develop new sustainable development projects abroad.
• Business Partnership Facility

  
  Jun. 2024

  The BPF was on Go International Day!

  The BPF was under the spotlights during the Go International Day at the Chamber of Commerce.
• Business Partnership Facility

  
  Mar. 2024

  The BPF in the spotlight on Delano! 

  Dive into the journey of COCA, a Luxembourgish architectural firm supported by the BPF, and discover how they are revolutionizing construction in Ghana!
• LuxAid Challenge Fund

  
  Nov. 2023

  First LuxAid Challenge Fund call for projects launched in the Sahel!

  Co-financing opportunities : Young companies in Burkina Faso, Mali and Senegal, on your marks! The Luxembourg Development Cooperation is launching a call for projects to accelerate innovation in distance learning and food safety. Get up to €140,000 in support!
• LuxAid Demonstration Fund

  
  Feb. 2024

  Recap: Rwanda’s very first LuxAid Demonstration Fund 

  Rwanda hosted the first edition of the LuxAid Demonstration Fund. Spotlight on promising initiatives to keep an eye on!