Bank of America Partners with Global Alliance for Clean Cookstoves to Raise $100 Million for Clean Cooking Solutions | Bank of America Newsroom

Bank of America today announced a partnership with the Global Alliance for Clean Cookstoves (GACC) to raise $100 million to help provide clean cooking solutions to millions of households in the developing world.

Advancing clean cooking solutions – which greatly reduce emissions that are harmful to people’s health and the broader environment – is a component of the bank’s recently launched Catalytic Finance Initiative. Bank of America announced the new initiative at the United Nations Climate Summit in September, committing to catalyze at least $10 billion of capital toward investments in renewable energy, energy efficiency and energy access.

Bank of America Partners with Global Alliance for Clean Cookstoves to Raise $100 Million for Clean Cooking Solutions | Bank of America Newsroom