Zawya
Summary
Emissions in 2050 could be cut by 97% with readily available technology, which could save end-users up to $1 trillion per year by 2050
Danfoss endorses and supports the implementation of a Global Cooling Pledge and hosts three events at COP28 to put the spotlight on sustainable cooling, refrigeration and air conditioning
Increasing temperatures, population growth, urbanization and rising incomes are driving the increased need for cooling. According to the first ever Global Cooling Watch Report, launched today at this year’s COP28, cooling demand could triple by 2050. This would lead to a doubling of greenhouse gas emissions by 2050, which is equivalent to more than the total annual greenhouse gas emissions of the United States of America today .
Recognizing the need to act on cooling, Danfoss joined forces with over 60 governments and other leading corporations to endorse a global pledge in support of sustainable cooling, launched at COP28 in Dubai. Led by the COP28 UAE Presidency, the Global Cooling Pledge sets out a series of commitments by governments that will accelerate emission reductions from energy use and refrigerants towards near zero emission cooling in 2050.
Jürgen Fischer, President, Danfoss Climate Solutions, said: “Cooling is one of the biggest societal opportunities of our time. It’s needed everywhere to cool our food, our buildings, and our vaccines. It brings health, growth, and food security for the world’s population. The commitments made by governments through the Global Cooling Pledge are a brave step, but now we must see them take action, implement the technologies readily available today and spread sustainable, energy efficient and climate friendly cooling technologies around the globe. Action is needed to limit global warming to 1.5°C.”
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