Elucidating Finance Gaps through the Clean Cooking Value Chain
The current supply of finance to enable universal access to clean fuels and technology for cooking does not match the scale of Sustainable Development Goal 7’s access challenge. To date, little attention has been given to the modalities of funding the clean cooking transition at the macro level. Gro...
| Main Authors: | , , |
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| Format: | Journal Article |
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MDPI AG
2023
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| Online Access: | http://hdl.handle.net/20.500.11937/90748 |
| _version_ | 1848765416756740096 |
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| author | Coldrey, Olivia Lant, Paul Ashworth, Peta |
| author_facet | Coldrey, Olivia Lant, Paul Ashworth, Peta |
| author_sort | Coldrey, Olivia |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The current supply of finance to enable universal access to clean fuels and technology for cooking does not match the scale of Sustainable Development Goal 7’s access challenge. To date, little attention has been given to the modalities of funding the clean cooking transition at the macro level. Grounded in a review of academic and recent grey literature, this study’s research objective was to provide a granular understanding of gaps in finance flows and financial instruments, mapped against the innovation cycle of companies that provide clean cooking solutions. In the context of wide-ranging barriers to the clean cooking sector’s development, we found a chronic shortfall of finance for companies at the early stages of their business growth and poorly targeted public finance to support innovation and mitigate risk for later-stage investors. This is exacerbated by limited data sharing and knowledge exchange among a small number of funders. We recommend reforms to public funding for clean cooking enterprises, especially for research, development and demonstration (RD&D) and innovation, to mitigate risk for later-stage investors, as well as more effective data sharing, to help catalyse sufficient, appropriate finance through the value chain for universal access. |
| first_indexed | 2025-11-14T11:34:54Z |
| format | Journal Article |
| id | curtin-20.500.11937-90748 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T11:34:54Z |
| publishDate | 2023 |
| publisher | MDPI AG |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-907482023-04-19T06:58:09Z Elucidating Finance Gaps through the Clean Cooking Value Chain Coldrey, Olivia Lant, Paul Ashworth, Peta The current supply of finance to enable universal access to clean fuels and technology for cooking does not match the scale of Sustainable Development Goal 7’s access challenge. To date, little attention has been given to the modalities of funding the clean cooking transition at the macro level. Grounded in a review of academic and recent grey literature, this study’s research objective was to provide a granular understanding of gaps in finance flows and financial instruments, mapped against the innovation cycle of companies that provide clean cooking solutions. In the context of wide-ranging barriers to the clean cooking sector’s development, we found a chronic shortfall of finance for companies at the early stages of their business growth and poorly targeted public finance to support innovation and mitigate risk for later-stage investors. This is exacerbated by limited data sharing and knowledge exchange among a small number of funders. We recommend reforms to public funding for clean cooking enterprises, especially for research, development and demonstration (RD&D) and innovation, to mitigate risk for later-stage investors, as well as more effective data sharing, to help catalyse sufficient, appropriate finance through the value chain for universal access. 2023 Journal Article http://hdl.handle.net/20.500.11937/90748 10.3390/su15043577 http://creativecommons.org/licenses/by/4.0/ MDPI AG fulltext |
| spellingShingle | Coldrey, Olivia Lant, Paul Ashworth, Peta Elucidating Finance Gaps through the Clean Cooking Value Chain |
| title | Elucidating Finance Gaps through the Clean Cooking Value Chain |
| title_full | Elucidating Finance Gaps through the Clean Cooking Value Chain |
| title_fullStr | Elucidating Finance Gaps through the Clean Cooking Value Chain |
| title_full_unstemmed | Elucidating Finance Gaps through the Clean Cooking Value Chain |
| title_short | Elucidating Finance Gaps through the Clean Cooking Value Chain |
| title_sort | elucidating finance gaps through the clean cooking value chain |
| url | http://hdl.handle.net/20.500.11937/90748 |