Sustainable cooling financial flows

Financing for sustainable cooling is complex because needs vary across populations and businesses, requiring a diverse array of financial instruments including public procurement, grants, subsidies, and commercial financing. A significant development in 2021 was the establishment of a USD 157 million Cooling Facility by the World Bank and Green Climate Fund to support nine developing countries. The appropriateness of these financial flows depends on local conditions such as poverty levels and energy access tiers.

• Financing for sustainable cooling is complicated by the fact that cooling needs differ significantly across various populations and businesses, necessitating tailored financing mechanisms for different groups.
• In 2021, the World Bank and Green Climate Fund approved a USD 157 million Cooling Facility intended to increase access to sustainable cooling in nine developing countries.
• Financial flows for cooling can be delivered via various instruments—including grants, subsidies, public procurement, or commercial financing—depending on the business model's sustainability, risk appetite, and investment scale. These flows target specific needs such as health services, agriculture, and human comfort.

APA

Sustainable Energy for All (2022). Sustainable cooling financial flows. https://www.seforall.org/chilling-prospects-2022/sustainable-cooling-financial-flows

Chicago

Sustainable Energy for All. Sustainable cooling financial flows. 2022. https://www.seforall.org/chilling-prospects-2022/sustainable-cooling-financial-flows.

Wikipedia

{{cite report |author=Sustainable Energy for All |title=Sustainable cooling financial flows |date=2022 |url=https://www.seforall.org/chilling-prospects-2022/sustainable-cooling-financial-flows |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{sustainableenergyforall2022sustainable, author = {{Sustainable Energy for All}}, title = {{Sustainable cooling financial flows}}, institution = {Sustainable Energy for All}, year = {2022}, url = {https://www.seforall.org/chilling-prospects-2022/sustainable-cooling-financial-flows}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }