Global Green Growth Institute
room19F 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 in IATI IATI
  • date_range Oct 01, 2018 - Dec 31, 2020
  • autorenew Implementation (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 error
    Sector code:
    41010 - Environmental policy and administrative management
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Reporting Organisation error
    Sector code:
    MS - Reporting Organisation
    Sector vocabulary:
    99 - Reporting Organisation

Participating Organisations

Organisation Name Organisation Type Organisation Role
Global Green Growth Institute Multilateral Implementing
Department of Forestry Government Funding

Transaction

Transaction Value Provider Receiver Type Date
72,069 USD (Valued at Dec 31, 2019) circle Provider N/A circle Receiver N/A Expenditure date_rangeJan 01, 2019

Budget

82,479 USD
82,479 USD (Valued at Dec 31, 2019) date_range Jan 01, 2019 - Dec 31, 2019
access_timeUpdated on Aug 03, 2020 08:55:47
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