0
improved cookstoves distributed
0
safe drinking water purifiers distributed
The reduction in wood burned and use of the improved cookstove led to a major reduction in indoor air pollution as advocated by the Clean Cooking Alliance – including harmful airborne particulate matter associated with serious respiratory illnesses – and freeing-up significant time (that would otherwise be spent collecting fuel wood and cooking) for more enriching and empowering activities, such as employment or education.
HCBL led the structuring of the deal, bringing together SIPCO as project developer, Base Carbon as investor and Citigroup as buyer.
Together with the Women’s Union of Vietnam, SIPCO successfully completed the distribution of devices in 2022. The project has started generating carbon credits, successfully issuing over 1 million Verified Emission Reductions (VERs) in 2023.
"We are the first generation to feel the effect of climate change and the last generation who can do something about it."– Barack Obama
our work
HCBL is overseeing the design and implementation of a community-based mangrove restoration project in Southeast Asia.