Finance and the improved cookstove sector in East Africa; Barriers and opportunities for value-chain actors
Sarah Jewitt and
Energy Policy, 2018, vol. 117, issue C, 127-135
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.
Keywords: Improved cookstoves; Finances; Value-chain; Uganda; Kenya (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:117:y:2018:i:c:p:127-135
Access Statistics for this article
Energy Policy is currently edited by N. France
More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().