1、COOLER FINANCE:COOLER FINANCE:Sustainable Space Cooling In Sustainable Space Cooling In Developing EconomiesDeveloping EconomiesAna Luiza Dutra and Denis Medvedev|IFC|May 20,20252Green Cooling Summit 2025,20 21 May 2025Cooler Finance Report:Objectives and ContentsSize the market opportunity that sus
2、tainable cooling represents across EMDEsBring attention to challenges and opportunities to financing sustainable cooling in the context of EMDEsProvide a blueprint on how to finance sustainable coolingSustainable Cooling is a Sizable Business Opportunity3Green Cooling Summit 2025,20 21 May 2025$79$5
3、0$44$32$64$153$179$97$56$110$272$600$96$129$47$166$332$102Space cooling is the fastest growing sector,expected to almost triple in size by 2050.Space cooling is the largest market segment.The active cooling market in developing economies represents$272 billion today.And expected to double by 2050 to
4、 a$600 Billion Market4Expanding Passive Cooling AdoptionGreen Cooling Summit 2025,20 21 May 2025Current passive cooling capital investments across developing economies:New builds:$15$25 billion per yearRetrofit:$10$15 billion per year051015202530New buildsRetrofit$billionBy 2050,the new builds marke
5、t could reach$150 billion per year.Active$272 billionPassive$30 billionPassive cooling market is estimated at$30 billion but can grow further with the right incentives.It needs to expand dramatically to deliver near-zero emissions by 2050.Its expansion will be driven by the pace of adoption and enfo
6、rcement of building energy codes across countries.5Green Cooling Summit 2025,20 21 May 2025Sustainable Cooling in Developing Countries Could Avoid$8 Trillion in Costs by 2050(cumulative through 2050)in avoided electricity consumption costs for consumers$5.6 trillion savings in new equipment for cons