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and individual donors alike are looking more and more to social
entrepreneurs to solve the world’s social problems by investing in
innovative approaches with potential for large-scale impact. StoveTeam
International couldn’t agree more with this approach – our model
illustrates that achieving a high return on an initial social business
investment is indeed possible.
Since 2008, StoveTeam-sponsored businesses have produced and sold more than 50,000 clean-burning and fuel-efficient stoves in five countries in Latin America, impacting 373,000 men, women, and children. If the total combined investment of $750,000 to start these businesses had been used simply to buy stoves at an average cost of $55 per stove, StoveTeam would have distributed far fewer stoves – approximately 36,000 fewer.
StoveTeam’s promotion of the local production of life saving stoves through sustainable, independently owned and operated social businesses extends beyond the stoves produced and the families served. We impact a community from the ground up by stimulating local economic growth, providing jobs, and supporting local services, while simultaneously producing a product that benefits health and protects the environment. Read More..
and Honduran partner E’Copan were recognized with the National Energy
Globe Award for helping combat deforestation and overconsumption of
firewood in Honduras. More than half the population of Honduras uses
wood for cooking, a factor that, over the last quarter century, has led
to the disappearance of greater than a third of Honduras’ forests. The
E’Copan factory began in 2010 with a grant from Copan Ruinas and Eugene
Southtowne Rotary Clubs, and with support from StoveTeam International.
Since 2010, E’Copan has sold approximately 6,000 cookstoves.
The Energy Globe Award is supported by the United Nations Educational, Scientific, and Cultural Organization (UNESCO) and done in cooperation with the United Nations Environment Program (UNEP). “As one of only 177 winners out of 1,500 applicants, we are thrilled to receive this prestigious award,” said program director, Katie Laughlin, “and are honored to be recognized among the many worthwhile entities working to advance sustainable solutions to global environmental challenges.” StoveTeam and E’Copan will be evaluated automatically for the Energy Globe World Award.
Learn more about the Energy Globe Award. Read More..