Insights from Ghana, Senegal, and Rwanda

This report showcases the lessons learned from three market-based financing mechanisms developed to facilitate consumer purchases of energy-efficient and climate-friendly refrigerators and air conditioners in lieu of outdated appliances. It also provides comprehensive guidelines for stakeholders involved in similar financing mechanisms for energy-efficient and climate-friendly appliances.

The ECOWAS Refrigerators and Air Conditioners (ECOFRIDGES) initiative in Ghana and Senegal, and the Rwanda Cooling Initiative (R-COOL) have been instrumental in promoting energy-efficient and climate-friendly appliances in these markets. These initiatives, supported by the United Nations Environment Programme’s (UNEP) United for Efficiency (U4E) initiative, the respective governments, and with assistance from the Basel Agency for Sustainable Energy (BASE), have implemented financing mechanisms that are central to their success over the course of several years.

The projects were made possible through grants from Clean Cooling Collaborative.