Global Cooling Innovation Summit and the launch of the Global Cooling Prize

Location : New Delhi

Date : 12/11/2018

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The Global Cooling Prize, established by a global coalition led by Rocky Mountain Institute (RMI), Conservation X Labs, Alliance for an Energy Efficient Economy (AEEE), and CEPT University, and supported by Mission Innovation and the Ministry of Science and Technology, Government of India, is rallying innovators across the globe to drive breakthrough innovation in residential cooling in order to provide cooling to all without warming the planet. A first-of-its-kind innovation challenge, the Global Cooling Prize aims to spur development of a residential cooling solution that has at least five-times (5X) less climate impact than today’s standard air conditioners. The winning technology could prevent up to 100 gigatons (GT) of CO2-equivalent (C02e) emissions by 2050 and put the world on a pathway to mitigate 0.5°C of global warming by 2100, all while enhancing well-being for people in developing countries around the globe.

The Global Cooling Prize was launched on November 12, 2018, by Dr Harsh Vardhan, Honourable Minister of Science & Technology, Environment, Forest and Climate Change and Earth Sciences, Government of India at the Global Cooling Innovation Summit, at New Delhi. AEEE, along with the other coalition partners, organized the two-day Summit that brought together climate, energy, finance, and technology leaders from around the world to explore concrete means and pathways to neutralize the impacts of the exponential cooling growth that is anticipated in order to cool growing populations in a warming planet.

The event also saw the  release of the international report on “Solving the Global Cooling Challenge” that provides background research on the impacts of the global cooling growth, and underscores the urgent need for a radically efficient solution for residential cooling. The Summit provided a networking platform for interacting with manufacturers, innovators, policymakers, development agencies, non-profits, philanthropists, venture capitalists, start-ups, investors, buyers, and global experts on air-conditioning technologies.

The Global Cooling Prize is now accepting applications for participation.  Please visit http://globalcoolingprize.org/apply to submit your preliminary application.

You can access the Agenda, and GCP launch event pics here.