An em phasis on local markets, cons

An em phasis on local markets, consum er choice, and bringing distribution to scale is enabled by the Paradigm Project's longstanding relationship w ith the W orld Vision Fund since 2008, a partnership that precedes the im plem entation of the carbon finance aspect of the program (idem). As such, dissem ination occurs through partnerships w ith local MFIs (mostly identified through the W orld Vision Fund), which take on the sales risk by buying the stoves upfront and m anaging the financing w ith the local users. Most users pay for stoves in installments. The use of carbon finance has required that Paradigm become adept in the m onitoring of social and environm ental outcomes, so that they can dem onstrate their impacts to investors and carbon credit purchasers (Wachira1012014). Thus, the requirem ents set by the process of seeking carbon finance also benefit the program 's adm inistrators in increasing knowledge and clear data on the project's effectiveness (Bellefeuille 2014). Another potential synergy within the carbon finance and cookstove model relates to the need to ensure that the technology is in use for the duration (or at least for m ultiple years) w ithin the carbon crediting period. Paradigm offers a w arranty on their stoves and is incentivized to follow up w ith users to ensure that the stoves are being used, repaired, or replaced (idem)