Cooler Finance: Mobilizing Investment for the Developing World’s Sustainable Cooling Needs

United Nations 2 years ago

The Cooler Finance: Mobilizing Investment for the Developing World’s Sustainable Cooling Needs, identifies numerous private investment opportunities across different segments of the cooling market, including space cooling, refrigeration, cold chains, and transport.  The new report provides a blueprint for financing sustainable cooling with an emphasis on mobilizing private investment.  The report will be launched at the Energy Now – SDG7 Action Forum 2024 on 25 September from 3:15pm – 4.45pm. Register for the Energy Now SDG7 Action Forum.
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layersDaily Sustainability Digest

Published about 12 hours ago

Sustainable construction is moving from flagship green construction projects to the systems that determine real building lifecycle performance. Forecasts that the next clean-power auction could reduce wholesale electricity costs by £11bn by 2050 strengthen the business case for net zero carbon buildings, heat pumps, electric plant and low carbon building operations. Ofgem’s action to deter speculative battery-grid applications is equally material: decarbonising the built environment depends on disciplined grid connections as much as sustainable building design.

The sector’s focus is shifting towards whole life carbon, embodied carbon and whole life carbon assessment rather than narrow design intent.

Pumps, controls and digital building management systems are becoming central to energy-efficient buildings, life cycle cost reduction and net zero whole life carbon outcomes. This is where sustainable design must become measurable performance, supported by lifecycle assessment, life cycle thinking in construction and reliable operational data.

Climate adaptation is now a core issue for environmental sustainability in construction. Kew and the Royal Parks are revising planting and watering strategies as hotter, drier summers reshape London’s public realm. Developers, designers and local authorities will need green infrastructure, sustainable urban development and eco-design for buildings that keep places shaded, resilient and maintainable under climate stress. Resilience can no longer sit outside whole life carbon assessment or be treated as a landscape afterthought.

Post-Grenfell reform reinforces that sustainability in construction cannot be reduced to carbon metrics alone. The golden thread of building information, product accountability and competent delivery is essential to retrofit, reuse and circular economy principles. Unsafe longevity is not sustainable architecture; it increases the environmental impact of construction by locking in future remediation, waste and risk.

The next phase of sustainable building practices will be judged by proof of performance: embodied carbon in materials, carbon footprint of construction, resource efficiency in construction, sustainable material specification and credible environmental product declarations (EPDs). Low embodied carbon materials, circular economy in construction, end-of-life reuse in construction and circular construction strategies will matter more than aesthetic claims. Awards for civic and environmental ambition remain influential, but the market is moving towards verifiable low carbon design, breeam, breeam v7 and construction outcomes that stand up across the full building lifecycle.

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