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Tag: K-CEP
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World Bank launches sustainable cooling program
The World Bank has announced new program to accelerate the uptake of sustainable cooling solutions, including air conditioning, refrigeration and cold chain, in developing countries. The program will provide technical assistance to ensure that efficient cooling is included in new World Bank Group investment projects and will mobilise further financing. Cooling collaboration The Efficient Clean […]
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Time to look beyond Kigali targets, say experts
The cooling sector has to take a more holistic view of sustainable cooling that extends beyond the Kigali targets, according to experts speaking at a special event held alongside the latest Meeting of the Parties of the Montreal Protocol. The Economic Affairs Officer with the UN’s Economic and Social Commission for Asia and the Pacific, […]
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1.02bn people face severe lack of cooling
An analysis of 54 countries shows that 1.02bn people among the rural and urban poor still lack access to cooling, which threatens their immediate health and safety, and intensifies the regions’ economic challenges brought on by the COVID-19 pandemic. The new report from Sustainable Energy for All (SEforALL) – Chilling Prospects: Tracking Sustainable Cooling for […]
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CaaS Incubator announces pilot projects
Five companies were selected into the CaaS Incubator program, an initiative that seeks to promote the concept of cooling as a service (CaaS). The CaaS initiative aims to decrease energy consumption and greenhouse gas emissions (GHG) from cooling use through a pay-per-service model for more efficient cooling systems. The winning projects offer highly efficient air […]
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‘Cooling gap’ to drive global demand
It is estimated that 4.8 billion new units of cooling equipment will be sold globally between 2019 and 2030. Annual sales are expected to hit 460 million units, up from 336 million unit sales in 2018. The forecasts appear in a report titled The Cooling Imperative, produced by The Economist Intelligence Unit (EIU) and sponsored…
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K-CEP establishes Million Cool Roofs Challenge
The Kigali Cooling Efficiency program (K-CEP) has announced the Million Cool Roofs Challenge. A US$2 million global competition, the initiative is designed to rapidly scale up the deployment of highly solar-reflective “cool” roofs in developing countries. The Challenge will award US$100,000 grants to up to 10 teams this year to deploy solar reflective coating and/or […]
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Cooling as a service pegged as ‘top idea’ of 2019
The Global Innovation Lab for Climate Finance has selected cooling as a service (CaaS) as one of the top six green investment ideas for 2019. CaaS involves end-users paying for the cooling they receive, rather than the physical product or infrastructure that delivers it. A technology provider installs and maintains the cooling equipment and recovers […]