ATEC Australia International Ltd

The company

ATEC provides PAYG cook stoves for customers at the bottom of the pyramid, with GSM tracking of climate impact.

The problem

In Bangladesh, 65% of households still use biomass for cooking. The emissions and smoke inhalation resulting from dirty cooking methods cause multiple health issues, particularly for women. For households earning less than $10 a day, 1.5 days a month are spent collecting wood, while up to three hours a day are spent on household chores due to inefficient cooking.

GSMA project

In March 2022, ATEC received a GSMA grant to develop an Android mobile app integrated with its eCook stoves, an electromagnetic induction stove that provides clean cooking, available on a PAYG basis. The app shows users real-time electricity usage data, payment status and any carbon offset data, enabling them to pay as little as $5 a month.

The stove automatically mints Gold Standard-certified carbon credits. These credits can be sold to ATEC’s international corporate partners and on carbon markets. The benefits from the sale of carbon credits are shared with users through subsidised monthly instalments.

Outcomes

Received follow-on funding from a variety of funders for research and development, to secure partnerships and to enable carbon credit trading.

Traction

There are just over 4,000 users of ATEC’s gamification programme, including just over 3,400 women.

Scaling journey

A message from the founder/CEO

“ATEC is accelerating the clean cooking solution with the most affordable Paygo technology, GSM connected eCook, that reaches underserved-unbanked-urban populations along with generating carbon credits through offsetting carbon emissions.”

– Ben Jeffreys, CEO