Washington, DC - At the National Clean Cookstoves and Fuels Conference in Nairobi, Kenya, on February 4, 2014, the Global Alliance for Clean Cookstoves announced that C-Quest Capital (CQC) was one of six winners in the second round of the Pilot Innovation Fund (PIF), which finances innovative approaches for enterprises in the cookstove sector.
Through TLC Green, a Joint Venture between CQC and the respected Malawian NGO Total LandCare, C-Quest will pilot a new business model that links clean, efficient improved cookstoves (ICS) with sustainable biomass fuel. CQC will use the PIF grant to test and refine the model, which is designed as a financially viable alternative to unsustainable cooking practices in poor urban neighborhoods. The target market is households whose main fuel is charcoal, although firewood users will also benefit greatly from the proposed ICS-fuel bundle. The six-month project will take place in Lilongwe, Malawi, beginning in the spring of 2014.
This year there were more than 70 applications for grants from the $400,000 PIF, which is funded by donations from UK Department for International Development (DFID), Johnson & Johnson, and the Norwegian Ministry of Foreign Affairs (NORAD).