Top Third Ventures
Top Third Ventures is a company in Nairobi, Kenya that specializes in the design, production, and sale of efficient stoves. Top Third Ventures prioritizes low-income households in developing countries, with the aim of improving their customers' quality of life while decreasing their greenhouse gas emissions.The efficient stoves are eligible to earn carbon credits under the UNFCCC Clean Development Mechanism allowing for the stoves to be sold below the cost of production.
Overview
The company was founded in 2011 by Lucas Belenky and Björn Hammar. Top Third Ventures is primarily engaged in the creation of low carbon products and the selling of carbon credits from these products. Another focus of the company's product development efforts is limiting human exposure to smoke and toxic gases which result from inefficient combustion.
On February 28, 2012, Top Third Ventures participated in a community based product testing, for efficient stoves. This was hosted by the United Nations Development Programme and Green World Campaign Kenya.. The company is currently partnered with the Global Alliance for Cleaner Cookstoves .
Products
The first product offered by Top Third Ventures is an improved cook stove. The stove addresses the health and environmental impacts associated with traditional stoves. The Top Third Venture stove reduces dependency and expenditure on these fuels by reducing wood consumption by more than 50%.
Distribution
Top Third Ventures approaches the business as a brand, distribution, and appropriate technology.