HOST: Global Alliance for Clean Cookstoves
Businesses in the clean cooking sector require long-term investment to increase production capacity, expand distribution reach, finance working capital, extend end-user credit, hire management, and support growth initiatives. Unfortunately, this capital has typically been lacking, as many companies do not fit the requirements of commercial banks, development finance institutions, or impact investors. However, the sector is beginning to mature and perceptions are changing as innovative technologies and business models help spur the sector to scale. Representatives from the cookstove sector, as well as the commercial and philanthropic investment community, will hold an interactive discussion to discuss the merits of grant and investment mechanisms (including results-based finance) to drive investment into the cooking sector.