The grouped project activity No. 2925 “Grouped projects for Cambodia Improved Cookstove” involves the installation of energy efficient Improved Cookstove (ICS) in the households (hereafter “users”) of the Kingdom of Cambodia for cooking households. For this reason, this proposed project activity aims at reducing the woodfuel consumption of traditional stove users by distributing ICS to households. By reducing the consumption of woodfuel, it can contribute to improving public health problems. Furthermore, this proposed project can contribute to Cambodia's climate change respond and sustainable development.
Regarding this project activity, Viet Charcoal Production Company Limited (VietCharcoal) is the only manufacturer of the distributed improved cookstove. Sustainability Investment Promotion and Development Joint Stock Company (SIPCO) is the investor to purchase improved cookstove from VietCharcoal for free distribution to the end users. As VERRA’s requirement on the supply chain (scope 3) emission, Sustainability Investment Promotion and Development Joint Stock Company (SIPCO) is on behalf of VietCharcoal which binding contract to confirm that “VCUs may be issued for the greenhouse gas emission reductions and removals associated with Viet Charcoal Production Company Limited's Ecozen stoves in Di Su commune, My Hao District, Hung Yen Province, Vietnam, distributed by Sustainability Investment Promotion and Development Joint Stock Company (SIPCO) under their project activity titled “Grouped projects for Cambodia Improved Cookstove” (VCS ID: 2925).