The grouped project activity No. 2924 “Grouped Projects for Laos Improved Cookstove” involves the installation of energy efficient Improved Cooking Stoves (ICS) in the households throughout Laos. The proposed project activity aims to reduce the wood-fuel consumption of traditional stove users by distributing ICS to households. By reducing the consumption of wood-fuel, it can contribute to improving public health problems. Furthermore, this proposed project can contribute to Lao’s climate change respond and sustainable development.

Regarding to this project activity, Viet Charcoal Production Company Limited (VietCharcoal) is the only manufacturer of the distributed ICS. Sustainability Investment Promotion and Development Joint Stock Company (SIPCO) is the investor to purchase ICS 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 Ecozen Cookstove, manufactured by Viet Charcoal Production Company Limited 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 Laos Improved Cookstove” (VCS ID: 2924)