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Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors

Hewitt, Joseph; Ray, Charlotte; Jewitt, Sarah; Clifford, Mike

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Authors

Joseph Hewitt

Charlotte Ray

SARAH JEWITT SARAH.JEWITT@NOTTINGHAM.AC.UK
Professor of Human Geography and Development



Abstract

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.

Citation

Hewitt, J., Ray, C., Jewitt, S., & Clifford, M. (2018). Finance and the improved cookstove sector in East Africa: barriers and opportunities for value-chain actors. Energy Policy, 117, https://doi.org/10.1016/j.enpol.2018.02.044

Journal Article Type Article
Acceptance Date Feb 27, 2018
Online Publication Date Mar 20, 2018
Publication Date Jun 1, 2018
Deposit Date Mar 9, 2018
Publicly Available Date Mar 28, 2024
Journal Energy Policy
Print ISSN 0301-4215
Electronic ISSN 0301-4215
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 117
DOI https://doi.org/10.1016/j.enpol.2018.02.044
Keywords Improved cookstoves, finances, value-chain, Uganda, Kenya
Public URL https://nottingham-repository.worktribe.com/output/961318
Publisher URL https://www.sciencedirect.com/science/article/pii/S0301421518301216

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