CCA CEO Dymphna van der Lans spoke at COP27 about reducing cooking emissions to meet NDCs.Watch the video now!

Clean Cooking Forum 2022

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Vincent Wierda

IDE Energy Lead, UNCDF

Believes strongly in market-based solutions in development, including for energy access, but also in the role of public finance to address market gaps and failures.  With UNCDF since 2013, he has facilitated investment flows into a portfolio of private sector companies that use innovative and digitally enabled business models to bring energy solutions to people and enterprises in the most challenging markets.  Starting in 1998 in Ethiopia, and with extensive subsequent involvement in both Asia and Africa, he has further experience in financial inclusion, SME promotion, business development, and climate resilient agriculture.  In addition to UNCDF, he has worked with Enabel, Oxfam, UNDP, UNIDO and SOAS.  Vincent has an MSc in Economics from the University of London.

Day 0 October 10
Sessions by Vincent Wierda
Day 1 October 11
Sessions by Vincent Wierda
9:30 am-11:30 am
Adlon Ballroom

Opening Plenary

Speakers
Dymphna van der Lans CEO, Clean Cooking Alliance
H.E. Hajia Samira Bawumia Second Lady of Ghana
Honorable Matthew Opoku Prempeh Minister of Energy, Ghana
Adwoa Etsiwaa Sey Chairperson, Ghana Alliance for Clean Cooking
H.E. Ingrid Mollestad Ambassador to Ghana, Government of Norway
Honorable Virginia E. Palmer U.S. Ambassador to the Republic of Ghana
Carla Montesi Director, European Commission's Directorate-General for International Partnerships
Katja Lasseur Deputy Ambassador, Government of Netherlands
Gabriela Elizondo Azuela Practice Manager, Energy Sector Management Assistance Program, World Bank
Vincent Wierda IDE Energy Lead, UNCDF
Ashvin Dayal Senior Vice President, Power & Climate and The Global Energy Alliance for People and Planet, The Rockefeller Foundation
Fatih Birol Executive Director, International Energy Agency
Damilola Ogunbiyi CEO, Sustainable Energy for All
Kandeh Yumkella Founder & CEO, The Energy Nexus Network
Leela Hazzah Co-Founder & Executive Director, Lion Guardians
Dr. Mokowa Blay Adu-Gyamfi Presidential Advisor on HIV/AIDS, Executive Office of the President, Ghana
Shirley McAlpine Founder, Shirley McAlpine & Associates
Day 2 October 12
Sessions by Vincent Wierda
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 Vincent Wierda
Day 4 October 14
Sessions by Vincent Wierda
Sessions by Vincent Wierda
Sessions by Vincent Wierda
9:30 am-11:30 am
Adlon Ballroom

Opening Plenary

Speakers
Dymphna van der Lans CEO, Clean Cooking Alliance
H.E. Hajia Samira Bawumia Second Lady of Ghana
Honorable Matthew Opoku Prempeh Minister of Energy, Ghana
Adwoa Etsiwaa Sey Chairperson, Ghana Alliance for Clean Cooking
H.E. Ingrid Mollestad Ambassador to Ghana, Government of Norway
Honorable Virginia E. Palmer U.S. Ambassador to the Republic of Ghana
Carla Montesi Director, European Commission's Directorate-General for International Partnerships
Katja Lasseur Deputy Ambassador, Government of Netherlands
Gabriela Elizondo Azuela Practice Manager, Energy Sector Management Assistance Program, World Bank
Vincent Wierda IDE Energy Lead, UNCDF
Ashvin Dayal Senior Vice President, Power & Climate and The Global Energy Alliance for People and Planet, The Rockefeller Foundation
Fatih Birol Executive Director, International Energy Agency
Damilola Ogunbiyi CEO, Sustainable Energy for All
Kandeh Yumkella Founder & CEO, The Energy Nexus Network
Leela Hazzah Co-Founder & Executive Director, Lion Guardians
Dr. Mokowa Blay Adu-Gyamfi Presidential Advisor on HIV/AIDS, Executive Office of the President, Ghana
Shirley McAlpine Founder, Shirley McAlpine & Associates
Sessions by Vincent Wierda
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 Vincent Wierda
Sessions by Vincent Wierda