Global Green Growth Institute
room 19F Jeongdong Bldg., 21-15 Jeongdong-gil, Jung-gu Seoul 04518
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Distributed Ledger Technology Powered Improved Cookstoves Finance Facility (DLTICS)

IATI Identifier: XM-DAC-47136-MM11

Published on IATI
  • date_range Oct 01, 2018 - Dec 31, 2020
  • autorenew Closed (Status)

Scaling-up the distribution of Improved Cooking Stoves (ICS) in Myanmar is hindered by financial and logistical barriers. (i.e. lack of capital and poor money value chain communication). To address this issue, the distribution of Improved Cooking Stoves (ICS) will be funded through a carbon credits financial mechanism. The financial and ICS distribution mechanisms will be linked using the blockchain technology. This technology will allow us to scale up ICS manufacturing and distribution by overcoming the financial and carbon credits accounting constrains of a common ICS project.

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Sectors:

  • Environmental policy and administrative management

  • Reporting Organisation

Participating Organisations

Global Green Growth Institute Multilateral Implementing
Department of Forestry Government Funding

Transaction

Transaction Value Provider
Receiver 		Type Date
72,069 USD Provider N/A Receiver N/A Expenditure
date_range Jan 01, 2019

Budget

82,479 USD
  • 82,479 USD (Valued at Dec 31, 2019)
    date_range Jan 01, 2019 - Dec 31, 2019
access_time Updated on Sep 13, 2023 14:03:22