The clean cooking alliance has recently published the 2021 Clean Cooking Industry Snapshot. While there is a wide investment gap in the sector, one of the positive takeaways is the growing market based approach with majority of the investments coming from private sector organizations. While commercial investments have more than doubled from 2017 to 2019, grant based funding has reduced by 20% during the same time period. The publication states that there is a 2.3X growth in capital raised through equity in 2019 vs 2018 – reflecting a growing expectations on commercial returns among private sector investors. On the other hand, private investors have been careful in making investments decisions keeping the nature of conumer demand. For instance, businesses which serve the urban consumers have been able to raise double the investments than businesses serving rural consumers. Furthermore, businesses providing integrated solutions i.e. provide both cooking appliance and fuel consistently have raised a capital 4 times more in value than their counterparts providing standalone cookstoves.

Our infographic synthesises from the the 2021 Clean Cooking Industry Snapshot key trends in commercial investments from private sector organizations.