Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors
Despite a long history of diverse approaches designed to increase the adoption of improved cookstoves (ICS), multiple barriers continue to exist which stunt their uptake in many developing countries. This paper focuses specifically on the financial barriers facing actors within the ICS value chain,...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Published: |
Elsevier
2018
|
| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/50359/ |
| _version_ | 1848798231303028736 |
|---|---|
| author | Hewitt, Joseph Ray, Charlotte Jewitt, Sarah Clifford, Mike |
| author_facet | Hewitt, Joseph Ray, Charlotte Jewitt, Sarah Clifford, Mike |
| author_sort | Hewitt, Joseph |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | Despite a long history of diverse approaches designed to increase the adoption of improved cookstoves (ICS), multiple barriers continue to exist which stunt their uptake in many developing countries. This paper focuses specifically on the financial barriers facing actors within the ICS value chain, such as manufacturers, suppliers and distributors. Examining data from interviews with twenty nine ICS enterprises in Kenya and Uganda, this paper finds that limited access to credit services is a substantial barrier to increasing the capacity of businesses within the ICS value chain. In addition, data from twenty-seven financial providers including banks, microfinance institutions and savings and credit co-operatives (SACCOs) viewed the ICS market as relatively underserved and believed greater integration could be mutually beneficial. This paper explores the way in which this relationship plays out in current market conditions and how connections between the two sectors can be strengthened, with the objective of overcoming these financial challenges and expanding the capacity of ICS businesses as a mechanism to facilitate ICS uptake by local populations. |
| first_indexed | 2025-11-14T20:16:29Z |
| format | Article |
| id | nottingham-50359 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| last_indexed | 2025-11-14T20:16:29Z |
| publishDate | 2018 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-503592020-05-04T19:50:56Z https://eprints.nottingham.ac.uk/50359/ Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors Hewitt, Joseph Ray, Charlotte Jewitt, Sarah Clifford, Mike Despite a long history of diverse approaches designed to increase the adoption of improved cookstoves (ICS), multiple barriers continue to exist which stunt their uptake in many developing countries. This paper focuses specifically on the financial barriers facing actors within the ICS value chain, such as manufacturers, suppliers and distributors. Examining data from interviews with twenty nine ICS enterprises in Kenya and Uganda, this paper finds that limited access to credit services is a substantial barrier to increasing the capacity of businesses within the ICS value chain. In addition, data from twenty-seven financial providers including banks, microfinance institutions and savings and credit co-operatives (SACCOs) viewed the ICS market as relatively underserved and believed greater integration could be mutually beneficial. This paper explores the way in which this relationship plays out in current market conditions and how connections between the two sectors can be strengthened, with the objective of overcoming these financial challenges and expanding the capacity of ICS businesses as a mechanism to facilitate ICS uptake by local populations. Elsevier 2018-06 Article PeerReviewed Hewitt, Joseph, Ray, Charlotte, Jewitt, Sarah and Clifford, Mike (2018) Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors. Energy Policy, 117 . pp. 127-135. ISSN 0301-4215 Improved cookstoves finances value-chain Uganda Kenya https://www.sciencedirect.com/science/article/pii/S0301421518301216 doi:10.1016/j.enpol.2018.02.044 doi:10.1016/j.enpol.2018.02.044 |
| spellingShingle | Improved cookstoves finances value-chain Uganda Kenya Hewitt, Joseph Ray, Charlotte Jewitt, Sarah Clifford, Mike Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors |
| title | Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors |
| title_full | Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors |
| title_fullStr | Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors |
| title_full_unstemmed | Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors |
| title_short | Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors |
| title_sort | finance and the improved cookstove sector in east africa: barriers and opportunities for value-chain actors |
| topic | Improved cookstoves finances value-chain Uganda Kenya |
| url | https://eprints.nottingham.ac.uk/50359/ https://eprints.nottingham.ac.uk/50359/ https://eprints.nottingham.ac.uk/50359/ |