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Clean Cooking Forum 2022

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Rocio Perez Ochoa

Co-Founder & Director, Bidhaa Sasa

Rocío Pérez Ochoa cofounded Bidhaa Sasa in 2014, a social enterprise serving rural families in Kenya and Uganda that makes goods for clean cooking, clean lighting and more efficient farming more affordable and accessible.

Before launching Bidhaa Sasa, Rocío set up and ran the financial arm of BBOXX, a manufacturer and distributor of solar systems, which had subsidiaries in the UK, Kenya, Uganda, and Rwanda. Prior to becoming an entrepreneur, she worked for the UK Government as climate change policy adviser and spent almost a decade in the City of London working in several hedge funds. She earned a Master in Environmental Technologies from Imperial College London and a PhD in Particle Physics from the University of Valencia and CERN.

Day 0 October 10
Sessions by Rocio Perez Ochoa
Day 1 October 11
Sessions by Rocio Perez Ochoa
Day 2 October 12
Sessions by Rocio Perez Ochoa
11:00 am-12:00 pm
Breakout Room C

Unit Economics of Cooking Solutions: Understanding Critical Cost Drivers for Clean Cooking Business Models

Results-based financing (RBF), particularly through the growth of climate finance and carbon credits, was identified as one of the most promising opportunities of the upcoming decade. While exciting progress has been made to advance RBF for clean cooking in recent years, the value of clean cooking must be better articulated, transaction costs reduced, and participating actors supported for the sector to capitalize on this opportunity. Understanding clean cooking company revenues and costs for each unit of production, i.e., unit economics, is essential for RBF program developers as they determine demand and supply side subsidy levels. In turn, well-structured demand and supply side subsidies will enable existing providers to reach operational viability and commercial sustainability quicker. This improves the overall attractiveness of clean cooking markets for commercial investors and financial markets.

This session will present early findings from recent unit economics research and associated tools, focusing on insights into key drivers of company costs and profitability and recommendations on how best to sequence different capital stacks for each context and business model. This will be followed by a panel discussion reflecting on how the study and tool impact the panelists’ own work.

Watch this session.

Speakers
Ed Day Director, Greencroft Economics
Ada Marmion Director - Partnerships, Knowledge, and Impact, AECF
Rocio Perez Ochoa Co-Founder & Director, Bidhaa Sasa
Farai Seseko Executive Director & Fund Lead, AfricaGoGreen Fund/Lion’s Head Global Partners
Susann Stritzke Senior Research Associate, Modern Energy Cooking Services
Vincent Wierda IDE Energy Lead, UNCDF
Day 3 October 13
Sessions by Rocio Perez Ochoa
Day 4 October 14
Sessions by Rocio Perez Ochoa
Sessions by Rocio Perez Ochoa
Sessions by Rocio Perez Ochoa
Sessions by Rocio Perez Ochoa
11:00 am-12:00 pm
Breakout Room C

Unit Economics of Cooking Solutions: Understanding Critical Cost Drivers for Clean Cooking Business Models

Results-based financing (RBF), particularly through the growth of climate finance and carbon credits, was identified as one of the most promising opportunities of the upcoming decade. While exciting progress has been made to advance RBF for clean cooking in recent years, the value of clean cooking must be better articulated, transaction costs reduced, and participating actors supported for the sector to capitalize on this opportunity. Understanding clean cooking company revenues and costs for each unit of production, i.e., unit economics, is essential for RBF program developers as they determine demand and supply side subsidy levels. In turn, well-structured demand and supply side subsidies will enable existing providers to reach operational viability and commercial sustainability quicker. This improves the overall attractiveness of clean cooking markets for commercial investors and financial markets.

This session will present early findings from recent unit economics research and associated tools, focusing on insights into key drivers of company costs and profitability and recommendations on how best to sequence different capital stacks for each context and business model. This will be followed by a panel discussion reflecting on how the study and tool impact the panelists’ own work.

Watch this session.

Speakers
Ed Day Director, Greencroft Economics
Ada Marmion Director - Partnerships, Knowledge, and Impact, AECF
Rocio Perez Ochoa Co-Founder & Director, Bidhaa Sasa
Farai Seseko Executive Director & Fund Lead, AfricaGoGreen Fund/Lion’s Head Global Partners
Susann Stritzke Senior Research Associate, Modern Energy Cooking Services
Vincent Wierda IDE Energy Lead, UNCDF
Sessions by Rocio Perez Ochoa
Sessions by Rocio Perez Ochoa