To reduce poverty population, some experts suggest energy efficient stove as path in lowering household energy expenditure and limiting carbon emission. A study published by World Bank finds that some 58 percent of rural households in Bangladesh are energy poor, compared with 45 percent that are income poor.
The findings suggest that growth in electrification and adoption of efficient cooking stoves for biomass use can lower energy poverty in a climate-friendly way by reducing carbon dioxide emissions. At the same way, reducing energy poverty helps reduce income poverty as well.
According to the authors, access to energy, especially modern sources, is a key to any development initiative. The authors examines cross-section data from a 2004 survey of some 2,300 households in rural Bangladesh, and then studied the welfare impacts of household energy use, including that of modern energy, and estimates the household minimum energy requirement that could be used as a basis for an energy poverty line.
The study finds that although the use of both traditional –biomass energy burned in conventional stoves— and modern way such electricity and kerosene sources, improves household consumption and income, the return on modern sources is 20 to 25 times higher than that on traditional sources.