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Shell cooks up cleaner future with $6m donation for global clean stove initiative

Royal Dutch Shell plc. (Shell) today pledged $6 million to support a global initiative to prevent deaths and cut greenhouse gas emissions caused by the smoke from traditional cooking stoves. The toxic fumes from open fires and traditional burning stoves, the main tool for heating and cooking in the developing world, currently cause 1.9 million premature deaths from respiratory diseases every year, according to the World Health Organization. They also create unnecessary CO2 emissions. The internationally recognised most viable solution is to encourage cleaner cooking stoves, which require significantly less fuel and reduce emissions.

“Indoor air pollution is one of the most significant energy poverty issues facing the developing world,” said Peter Voser, Chief Executive Officer of Royal Dutch Shell plc. “With three billion people worldwide using open fires or traditional stoves in their homes, this initiative is a step forward in making a huge and tangible difference to their health and environment. So I would urge others to support this initiative – a clean burning cooking stove for each home isn’t that much to ask.”

Shell’s donation, staged over three years, will be the largest private contribution backing the work of the newly launched Global Alliance for Clean Cookstoves (GACC), a public-private initiative to support the large-scale use of clean burning domestic stoves in developing countries. Launched today by US Secretary of State Hillary Clinton at the Clinton Global Initiative meeting, GACC aims for an additional 100 million homes, roughly 20% of the affected population, to have an efficient cooking stove by 2020. The annual CO2 reduction for each energy-efficient stove is approximately 1.5* tonnes, so the cumulative effect of 100 million new stoves would be approximately 150 million tonnes of CO2 a year.

Manufacturers of clean stoves currently face difficulties getting their products to the people who need them, and with no internationally recognised global standards, more needs to be done to let people and communities know about the dangers they are facing. Shell’s commitment will be tackling these problems, specifically by:

  • helping to develop global standards and stove testing protocols, to ensure customers get a  quality product that has been approved and tested on the ground in each local market;
  • enhancing routes to market, tackling the issues of affordability and accessibility;
  • assisting with development of innovative financing mechanisms that would enable manufacturers to potentially benefit from carbon-credits, and;
  • raising awareness of the health and environmental risks caused by the smoke from inefficient cooking stoves.

Enquiries

Shell Global Media Relations 
Kirsten Smart 
+31 (0)70 377 3600

Notes to editors

  • *Climate Care estimates the savings at 1.5 tonnes, as a rule of thumb.
  • The Shell Foundation, an independent charity set up in 2000 with a $250m grant from Shell, is a founding member of GACC. Work has included investment in one of the market leaders in clean burning cooking stoves, Envirofit International. More than 150,000 Envirofit cooking stoves have been sold. 

Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges.  Shell companies have operations in more than 90 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com

Cautionary note
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to companies in which Royal Dutch Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are referred to as “associated companies” or “associates” and companies in which Shell has joint control are referred to as “jointly controlled entities”. In this press release, associates and jointly controlled entities are also referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect (for example, through our 34% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This press release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘probably’’, ‘‘project’’, ‘‘will’’, ‘‘seek’’, ‘‘target’’, ‘‘risks’’, ‘‘goals’’, ‘‘should’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2009 (available at www.shell.com/investor and www.sec.gov). These factors also should be considered by the reader.  Each forward-looking statement speaks only as of the date of this press release, September 21, 2010. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.

The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions.  We use certain terms in this press release that SEC's guidelines strictly prohibit us from including in filings with the SEC.  U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.

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