Public comment period is open until August 9, 2024
WASHINGTON, July 1, 2024
/PRNewswire-PRWeb/ -- Today, the Clean Cooking & Climate
Consortium (4C), led by the Clean Cooking Alliance (CCA), released
a new methodology for crediting emissions reductions from cooking
projects — the first such methodology to apply to all cooking
transition scenarios. This makes it possible for project developers
to use the same rigorous and trusted methodology when quantifying
carbon emission reductions from clean cooking projects. The public
is invited to review and submit comments before the deadline of
August 2, 2024.
"This methodology is a crucial element to
strengthening the carbon markets that make clean cooking solutions
accessible and affordable to low-income families around the world."
- Dymphna van der Lans, CCA
CEO
4C is a group of partners supporting efforts to achieve climate
goals through cooking energy interventions. In addition to CCA,
4C's members include the United States Environmental Protection
Agency (U.S. EPA), the United Nations Framework Convention on
Climate Change secretariat, the Climate and Clean Air Coalition,
Berkeley Air Monitoring Group, and the Stockholm Environment
Institute.
Over the last year and a half, 4C has led a sector-wide effort
to develop this comprehensive clean cooking carbon methodology.
More than 250 key stakeholders contributed to the process,
including standards bodies, project developers, researchers, carbon
buyers, and others.
"Over 2 billion people have no choice but to cook with
inefficient and polluting stoves and fuels, resulting in
climate-damaging emissions on the same scale as the global aviation
industry," said Dymphna van der Lans, CCA
CEO. "Clean cooking is finally being recognized as a
critical, fast-acting climate solution that deserves substantial
investment. This methodology is a crucial element to strengthening
the carbon markets that make clean cooking solutions accessible and
affordable to low-income families around the world."
"This methodology is a valuable public good that has the
potential to formalize, standardize, and expand the application of
the best practices that we already see in many clean cooking carbon
projects," said John Mitchell, U.S.
EPA Household Energy and Clean Air Coordinator. "It sends a very
clear signal to consumers and investors that they can have full
confidence in cooking carbon credits because integrity,
sustainability, and rigor are inherently baked into any carbon
projects that utilize this methodology."
The 4C methodology is intended to become the standard for all
cooking projects under Article 6.2 and Article 6.4 of the Paris
Climate Agreement, as well as the Voluntary Carbon Market. It
incorporates the latest science, strong measurement and monitoring
approaches, and strict guardrails where direct measurement is not
feasible. The methodology applies to both "metered" clean cooking
projects, which continuously monitor how much fuel is being used,
and "non-metered" projects. For the latter, the methodology offers
multiple approaches for determining emissions reductions, including
combinations of surveys, sensors, and fuel consumption
monitoring.
"By using this methodology, clean cooking carbon projects will
generate the most realistic emission reduction estimates to date,"
said Elisa Derby, CCA Senior
Director of Climate Impacts and Standards. "The 4C approach is
designed to incentivize best practices, increase transparency
around how emissions reductions are calculated, and make it easier
to verify those emissions. And since this is the first methodology
for crediting emissions reductions from cooking projects to apply
to all cooking transition scenarios, it eliminates the need for
multiple methodologies."
The new methodology is aligned with CCA's recently launched
Principles for Responsible Carbon Finance in Clean Cooking, which
focus on integrity, transparency, fairness, and sustainability, and
have been endorsed by over 160 organizations in the clean cooking
ecosystem.
To submit comments on the methodology, reviewers must submit a
commenting form to CCA by August 2,
2024.
Media Contact
Kip Patrick, Clean Cooking
Alliance, 2028879040, kpatrick@cleancooking.org,
cleancooking.org
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SOURCE Clean Cooking Alliance