Today I'm bringing you pictures and updates on the latest Energy and Environment Project (EEP) activity. The EEP joined Xac Bank on June 20th in Ulaanbaatar for the grand opening ceremony of their most recent fuel-efficient stove distribution center. The opening included singing performances, while also showcasing an array of stoves and disseminating information on the fuel savings qualities of the new stoves.
MCA will finance 76% of the cost for the stoves, leaving consumers to bear only 24% of the cost, which falls between 65,200 and 250,800 TMN, depending on the quality of the stove. MCA's Environmental and Energy Project is spearheading this initiative in hopes that it will reduce coal and ash emissions from ger districts in Ulaanbaatar, which compose around 90% of air pollution in the city. The new stoves will reduce emissions by 80% on average. The stoves provide significant gains for the consumer as well. They lower household fuel expenses by 20-30% on average, and burn for 12 hours as opposed to the average burn time of 3 hours for most Mongolian stoves.
It was a great event, and everyone seemed really excited about the new stoves. Let's hope EEP can reach their target of distributing 20,000 stoves by the fall!
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