Unprecedented fiscal and monetary packages are being developed by governments and financial institutions in response to the COVID-19 public health and economic crisis. This creates an opportunity for recovery measures to build a more resilient and sustainable global economy. Cooling is one crucial aspect of the response that can drive demand, create jobs, and foster a stronger economy at the local, national, and international levels. In the coming weeks, along with our partners in the efficient, climate-friendly cooling space, we will consider and share more on what cooling offers the COVID-19 recovery and the transition to a clean economy.
Cooling provides fresh food and protects temperature-sensitive vaccines. Cooling maintains comfort when stuck indoors and a safe environment for essential workers in the heat. Cooling is critical for data centres that allow me to share these thoughts with you. Cooling is essential, and more than 1 billion people are without access, yet unmanaged cooling demand growth threatens to undermine the transition to a clean economy.
Beyond recovery, the cooling challenge is a case in point to reach across silos and build resilience to future shocks. The nature and potential of cooling necessitate working across sectors and different levels of government to support an efficient, climate-friendly cooling transition. Through this, we will be closer to achieving the goals of the Paris Agreement, the Kigali Amendment to the Montreal Protocol, and supporting delivery of the Sustainable Development Goals.
In this newsletter, Dileimy Orozco starts by discussing the importance of multilateral development banks and their support for resilient cold chains that will continue to serve communities beyond this crisis. Guest contributor Rhea Mukerjee from Sustain Labs Paris, highlights the role of cities to support the cooling transition by looking at Mexico City’s ongoing efforts. Next Melissa Martin, our research intern, considers how regional initiatives shape cooling standards and have the potential to increase energy efficiency and security. Finally, Juliet Phillips discusses the need to scale-up finance to retrofit UK homes to high standards of energy efficiency which, among other benefits, lowers the energy required to cool and heat our homes.
Thanks for reading,