Building Evidence to Unlock Impact Finance : A Field Assessment of Clean Cooking Co-benefits for Climate, Health, and Gender

In the clean cooking sector, the successful application of Results-Based Financing (RBF) instruments has been observed for the climate co-benefit, where the market for averted greenhouse gas (GHG) emissions has enjoyed strong performance; however, supplementing GHG emission-reduction credits with tradeable assets from clean cooking’s additional co-benefits requires developing rigorous methods and tools that can be confidently applied on a wide scale. Building Evidence to Unlock Impact Finance: A Field Assessment of Clean Cooking Co-Benefits for Climate, Health, and Gender field-tests novel co-benefit measurement methodologies for a selected (biogas) intervention in rural Kenya, demonstrating the methods’ feasibility and potential, as well as areas for further improvement. 


The report targets impact buyers, who need assurance that the achievement of pre-agreed project results is verifiable in a robust, cost-effective, and scalable manner, and project developers and implementers, who require much needed certainty of impact buyers’ commitment to purchase verified results in order to invest in and expand the scope of their monitoring beyond GHG emission reductions. The report’s practical lessons and guidance will be of interest to multiple stakeholders along the RBF value chain, including researchers and verification agents, technology suppliers, multilateral and bilateral donors and governments, and other cadres of investors.

Key Findings


World Bank.


Building Evidence to Unlock Impact Finance : A Field Assessment of Clean Cooking Co-benefits for Climate, Health, and Gender (English). Washington, D.C. : World Bank Group.

Users also downloaded
This report addresses the technical dimension of the challenge in the context of developing countries, intending to inform E-Mobility practitioners and policymakers about the impacts on power systems…
March 31 2023
In this 2022 Annual Report, we highlight the human impact of ESMAP’s work and the ways we responded to the polycrisis by seeking, supporting, and disseminating energy solutions that cater to the…
March 10 2023
Rose Owino a tailor in Migori, uses a solar light to charge her phone during the day, Migori, Kenya
How does one make the case for clean cooking in countries with a high access deficit? What are the guiding principles for developing a clean cooking strategy? What building blocks are necessary to…
March 7 2023
woman using improved cookstove
The objective of this good practice note is to present a methodology for the integration of climate change and disaster/hazard resilience assessments into the framework of economic analysis as set…
December 13 2022