Forbes
Summary
The majority of demand will come from emerging economies across Asia, Africa and Latin America, with rapid urbanisation and rising living standards driving the thirst for cooling.
The change is a fork in the road for developing economies: either opting to continue relying on cheap, inefficient air conditioning that will drive a surge in emissions, or making a switch to efficient systems such as heat pumps, district cooling and new materials that offer a lower-carbon path.
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