United for Efficiency

Towards a Market Transformation in Cooling: At the Intersection of Regulation and Financing

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:

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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