ICS and Climate Finance: Synergising Efforts for Sustainable Development
The global shift toward sustainable development and climate resilience has highlighted the link between energy, health, and the environment. Improved Cook Stoves (ICS) are key to reducing household air pollution, reducing Greenhouse Gas (GHG) emissions, and providing economic benefits to economies. Climate finance—funds from developed nations and other sources—supports developing countries in reducing emissions and adapting to climate change. Integrating climate finance mechanisms is crucial to scaling ICS adoption and transitioning to cleaner energy. By providing financial support and investing in capacity-building, research and development, sustainable and locally driven solutions for clean cooking can be developed and aid in the reduction of GHG emissions and combat climate change.
Given this, on the 30th of October 2024, the African Climate Action Partnership (AfCAP) and the Green Climate Fund (GCF) funded GIZ programme “Promotion of Climate-Friendly Cooking: Kenya and Senegal” co-hosted and resumed the webinar series on “Promoting ICS for reaching NDC targets”. The third webinar entitled “ICS and Climate Finance: Synergising Efforts for Sustainable Development” provided insights to the climate finance landscape and opportunities for clean cooking projects and explain how setting NDC targets can result into climate financing.
This webinar explored the role of climate finance in promoting ICS. Participants learnt about various climate financing mechanisms, the synergies between NDCs targets and climate financing. Best practices and success stories and innovative strategies to encourage collaboration among stakeholders were shared.
To view the recording of the webinar and presentations please use the links down below:
Resources shared during the webinar: