The SLOW LIFE Foundation has been nominated for the 2degrees Champions Awards 2015 category Social Value for its innovative Myanmar Stoves Campaign. To date 25,000 people in almost 200 villages benefit from cleaner air and less expenses on fuel-wood.
Voting is open now until 27 April. You can vote here.
Myanmar Stoves Campaign
Four million people die from household air-pollution from cooking every year. That is more than from HIV/Aids and Malaria combined. The SLOW LIFE Foundation takes an innovative and imaginative approach in addressing this challenge.
Following an impact investing approach the Myanmar Stoves Campaign is structured so that it is able to recover and recycle funds invested to multiply our impact it in addition to addressing the health, socio-economic and environmental issues.
Benefits of the project to the local community are extensive including monetary savings for households, protection of biodiversity, training and employment opportunities and health benefits from significantly reduced indoor air pollution. All of this can be achieved while offering funders an equitable return on investment.
The SLOW LIFE Foundation engaged Orbis Development Partners to develop the Myanmar Stoves Campaign. It is registered as the first Gold Standard carbon credit project in Myanmar to reflect the premium quality of the project.
The project was endorsed by the Ministry of Environment Conservation and Forestry in January 2014.
A project team of four people from Mercy Corps is managing the project on the ground. They have conducted health surveys as well as baseline surveys on how much wood and money families use.
133 local community members have been trained as vendors allowing them to earn an income from selling stoves. 5,100 stoves have been sold benefiting 25,000 people in almost 200 villages. The stoves are sold at a subsidized rate and can be purchased in installments. Typically, the families pay off their stove within six months after which they halve their expenses for wood.
The efficient stove can reduce families’ wood consumption by over 50%, which typically amounts to 4 tons per year. As a result there is less deforestation. Another important benefit is the 70% reduction in CO2 emissions and significantly reduced smoke, which will reduce respiratory illnesses considerably.
Leading sustainable business community
The 2degrees Network is a world’s leading community for sustainable business; working together to drive efficiency and growth through being more sustainable.
It consists of 45,000 plus individual professionals and businesses who use the online platform and unique events program to share best practice and solve common business problems together.
You can cast your vote here until 27 April, though you have to be a member. Membership is free.