VIETNAM HOUSEHOLD DEVICES
HEALTHIER HOUSEHOLDS
Base Carbon funded the manufacturing and distribution of 850,000 fuel-efficient cookstoves and 364,000 safe-drinking water purifiers to families in rural areas of Vietnam.
Project Overview
- In May 2022, Base Carbon entered into an agreement to fund the manufacturing and distribution of 850,000 fuel-efficient cookstoves and 364,000 safe-drinking water purifiers to families in rural areas of Vietnam.
- Distribution completed in early 2023, four months ahead of schedule and on budget.
- ~3.0 million carbon credits issued as of April 2024.
About This Project
- Project partner SIPCO, in collaboration with the Women’s Union of Vietnam, has successfully completed the distribution of a total of 1.2 million household devices to participating households.
- Citigroup is contracted to purchase the first 7.4 million carbon credits generated from the Vietnam Household Devices project.
- INTRACO, SIPCO’s parent company, has developed 100+ registered carbon project to date on behalf of many well-known multinational corporations.
- The Women’s Union of Vietnam (17+ million members) provides device distribution services as well as continuous education and support to participating households.
Capital Allocated
$20.8 million
Devices Distributed
1,214,000
Project Status
Issuing
Anticipated SDGs
Credits Issued
~3.0 million as of April 2024
Please refer to the cautionary statement regarding forward looking information in Base Carbon’s most recent MD&A and Annual Information Form, available on www.sedarplus.ca and basecarbon.com, as well as the cautionary statement in the Investor Presentation.