
Nearly 1 billion Africans still rely on charcoal or firewood, a situation that contributes to about 850,000 deaths each year from household air pollution. However, carbon credit financing is making cleaner cooking technologies affordable for millions of African households, potentially saving thousands of lives. In Kenya, induction cookers can cost less to operate than charcoal stoves, while subsidies reduce the price of efficient biomass cookers from about $40 to as little as $5. The International Energy Agency reported $900 million in new financial commitments toward clean cooking in 2026. Such financing is helping companies provide clean cooking technologies to millions of households across the continent. According to Nairobi-based manufacturer BURN, carbon financing—not the technologies themselves—is the key factor making these solutions affordable. However, critics warn the model carries risks because carbon revenue typically arrives only after the initial investment has been made.
