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Tag: triple bottom line

The Economics of a Cookstove

The Economics of a Cookstove

The other day I went to the NWTF branch office in Hinigaran to interview clients that recently purchased an Envirofit cookstove. Cookstoves have received a lot of positive publicity recently as a cheap and effective solution to the problem of indoor air pollution – a problem that claims 1.4 million lives every year. The predominant stove in use by the poor – a basic design with a fire lit beneath a pot resting on three stones (a “three-stone stove”) –…

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Green Products and the Triple Bottom Line

Green Products and the Triple Bottom Line

The core philosophy of microfinance is the double bottom line.  It refers to the goals of the organization, which are a) to be profitable, and b) to be socially impactful.  But there is another philosophy known as the triple bottom line, which adds ecological impact.  Sometimes referred to as “people, planet, profit,” TBL promotes an environmentally-friendly approach to development.  To that end, there are a host of products that serve each of the three goals.  In this post, I will…

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