A $179 Million Carbon Market Lesson: KOKO Networks and Its Clean Cooking Play

KOKO Networks is a company I have cited many times as an example of what clean cooking success looks like. Founded in Kenya in 2013, KOKO built a bioethanol cooking solution and made it accessible at subsidised prices: stoves at KES 1,500 against a market price of over KES 10,000, and ethanol at KES 100 per litre against KES 200. They reached more than 1.5 million households by leveraging carbon…