Climate Wedge
   
   
  Up Energy closes financing and CER offtake agreements for cookstoves PoAs in Uganda and Central America:

In Uganda, Dutch utility Eneco has contracted to purchase CERs from a project Up Energy is developing to distribute several hundred thousand efficient biomass cookstoves to rural households. And Up Energy is developing a pan-Central American cookstoves CDM PoA in El Salvador, Honduras, and Guatemala with Switzerland-based MyClimate Foundation. Together the transactions, worth more than $20 million, represent one of the largest carbon finance commitments made to clean cookstoves in the sector's history.

 
   
   
   
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