• Envirofit surpassed 1 million carbon credits offset by corporate and government partners
Fort Collins, Colorado – Envirofit International has surpassed 1 million carbon credits sold. As the global leader in the design, manufacture, and sale of technologically advanced, biomass cookstoves, Envirofit uses the proceeds from the sale of carbon credits to provide a boost to small scale clean cookstove enterprises with training, marketing and sales support. This support helps increase energy access for people in the developing world living in energy poverty. According to the Gold Standard Foundation (GSF), the impact of 1 million cookstove carbon credits is equivalent to a $151 million investment in employment, livelihood and health impacts, over and above the certified climate impacts.
Envirofit works with both the United Nations Framework Convention on Climate Change (UNFCCC) and the GSF to certify CO2 emissions reductions from household cookstove use and to issue corresponding carbon credits. Envirofit’s partnerships with carbon credit buyers, including governments, corporations and private individuals, helps them to offset their unavoidable greenhouse gas emissions via high impact, charismatic carbon reduction projects throughout the world. By partnering with Envirofit, carbon credit buyers can deliver both climate and sustainable development impacts that transcend most standard CO2 emissions reductions.
Working with the UNFCCC and GSF, Envirofit follows a rigorous monitoring, reporting & verification process in its cookstove projects to accurately account for the emissions reductions. The improved efficiency and durability of Envirofit’s biomass cookstoves is monitored frequently and households are surveyed to check that stoves are continuously used by their owners. This monitoring process is then independently verified to ensure transparency, which means that carbon credit buyers can claim an impact via their purchase that is traceable back to the individual stove use in households throughout the world.
Nearly three billion people worldwide live in energy poverty, lacking access to clean energy technologies, and cook their meals over open flames with biomass fuels such as charcoal and wood. Traditional cookstoves are incredibly inefficient, wasting 90% of the energy generated and requiring up to one-third of a family’s income for fuel. It is also hazardous to the environment, causing 25% of the world’s global black-carbon emissions.
Envirofit stoves reduce smoke and toxic emissions by up to 80% and reduce fuel consumption by an average of ~60%, which corresponds to a reduction of between ~2.5-3.5 tonnes of CO2 equivalent per year. Over its average lifespan of 5 years, each Envirofit stove can help prevent ~15 tonnes of CO2 equivalent from being released. With over 1 million stoves sold worldwide, Envirofit stoves have the potential to prevent the release of up to ~15 million tonnes of CO2 equivalent over their lifetime.
According to current Global Alliance for Clean Cookstoves estimates, the number of people who cook with biomass is expected to grow as global population increases, reaching 3.24 billion by 2025. By sustainably growing markets and increasing access to clean energy technology, carbon credit offsetting positively impacts the lives of millions, and helps future generations benefit from this access as well.
About Envirofit International
Envirofit International is a social enterprise that innovates smart energy products and services that improve lives on a global scale. Using a market-based approach, Envirofit develops a global product line of wood, charcoal, and LPG clean cookstoves that cook faster while reducing fuel use, smoke, and toxic emissions. Serving more than 5 million people in energy poverty, Envirofit’s smart stoves reduce climate change, create new jobs, and enable families to save money.
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