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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.
  • 1.1 million carbon credits issued as of June 2023

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

1.1 million as of June 2023

The project is registered with Verra's Verified Carbon Standard.

#### The project is registered  with Verra's Verified Carbon Standard.