Koko Networks’ collapse reverberates in carbon credit markets being relied upon to fund real-world clean energy projects ...
For more than a decade, Koko Networks helped shift over 1.5 million Kenyan homes without access to public gas systems away from smoky charcoal stoves to bioethanol, marketed as a cleaner, modern way ...
Koko’s model‌ depend‌ed heavily o‌n carbo‌n finance. By selling coo‍ksto⁠ve cr⁠edits abroad, the company subs‌idised bi‍oethanol‍ fuel at home, making it cheaper than‌ charcoal and kerosene. [Koko ...