On Monday, 4 December 2023, U4E presented a joint side event at the “Montreal Protocol advancing climate action” pavilion at COP28 in Dubai.
The event explored the intersection of regulation and financing with experts touching on topics such as existing regulatory and financing mechanisms for sustainable cooling, how regulation paves the way for financing the sustainable cooling transition, and innovative financing tools available for the cooling sector.
Its objective was to showcase thought leaders and expert organisations on industry related topics and provide insights into the development and implementation of Minimum Energy Performance Standards for cooling products and highlight Cool Up’s collaboration with major players in the finance sector.
It discussed how:
- Collaboration and building partnerships are essential to achieve goals, whether that’s through working with finance partners, national governments, or other organizations in the cooling sector.
- Investing in sustainable cooling means investing in the future of a growing market while reducing costs and reducing environmental impact.
- A broad range of stakeholders need to be addressed in the sustainable cooling transition.
Participants included:
| Name | Title | Organisation | Role |
| Ceren Ozkan | Cool Up Country Manager – Türkiye | UNDP Türkiye | Moderator |
| Eslam Mahdy | Cool Up Country Manager – Egypt | Guidehouse | Status quo of regulation and financing mechanisms in Cool Up countries |
| Justin Naimon | Managing Partner | Sustana Cooling Partners | Private investing in sustainable cooling |
| Dr Nihar Shah | Presidential Director, Global Cooling Efficiency Program
|
Lawrence Berkeley National Laboratory | Model regulations (MEPs) |
| Bubacar Zaidi Jallow | Deputy Permanent Secretary Ministry of Environment and Climate Change |
The Gambia | Development and implementation of Minimum Energy Performance Standards in The Gambia |
| Okon Ekpenyong | Director, Linkages, Research & Consultancy Energy Commission of Nigeria |
Nigeria | Development and implementation of Minimum Energy Performance Standards in Nigeria |
To view a recording of the event, vi the Ozone Secretariat YouTube (video COP28 – 4 December (Monday) from 04:43:45).
For more information on the Montreal Protocol Pavilion and their full programme of events, visit their website.
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