Rising global temperatures are driving increased demand for cooling, and unless we transform how we cool, we will continue to cause more global warming, exacerbating the climate crisis. Financing this transformation is a big challenge as there are relatively few examples of financing mechanisms that demonstrate how to support the transition to efficient, climate-friendly cooling, be that through driving technological advancement or scaling up the adoption of sustainable solutions.

We need to mobilize finance at speed and scale to achieve clean cooling for all. This requires demonstrations across a range of geographies, applications, and financing mechanisms, as well as disseminating lessons learned to raise awareness of the opportunity and mobilize capital from new investors. The Clean Cooling Collaborative, previously the Kigali Cooling Efficiency Program (KCEP), has piloted innovative approaches to unlocking finance through targeted grants to inform and orient the capital needed to integrate energy efficiency improvements with the transition away from fluorinated gases.

We have produced a detailed set of case studies (and accompanying executive summary) to summarize core findings, challenges, and lessons learned from the last four years of the Clean Cooling Collaborative’s finance program.