EDF Trading signs deal with Wonderbag

The award-winning company Wonderbag has recently closed a deal with EDF Trading, a wholly-owned subsidiary of EDF S.A.

In a first deal of its type for EDF Trading, the agreement is for the

purchase of carbon credits produced by Wonderbag and will form part of EDF

Trading’s extensive portfolio of energy efficiency projects around the world.

“We are delighted to be working with Sarah and her team. Her incredible

innovation is having a real impact on reducing carbon emissions every day and

enabling safer cooking conditions for vulnerable communities in Africa”, said

Paul Kitchen, Head of Environmental Products at EDF Trading.

The Wonderbag is a non-electric, heat-retention cooker that allows food that

has been brought to the boil using conventional methods, to continue to cook

for up to eight hours without using additional energy resources dramatically

reducing the need to burn wood or other fossil fuels when cooking.

Three billion people still cook on an open fire and seven million people die

from indoor-air pollution diseases each year. One Wonderbag can reduce

household air pollution by 90% and reduces the amount of firewood collected by

up to 80%.

“My dream has been to create a business that interlinks economic, social and

environmental positive impact. Wonderbag is delivering just that – equality

across the circular models of the future”, said Sarah Collins, Founder and CEO

of Wonderbag.

The deal was facilitated by independent financial advisory firm Bastion

Advisory, Wonderbag’s commercial partner.

You can find out more about this product by visiting wonderbagworld.com.