A winning technology could prevent up to 100 gigatons of carbon emissions by 2050, and put the world on a pathway to mitigate up to 0.5˚C of global warming by 2100.
The Global Cooling Prize is rallying a global coalition of leaders to solve the critical climate threat that comes from growing demand for residential air conditioning. By harnessing the power of innovation, we can provide cooling solutions that enhance people’s lives without contributing to runaway climate change.
How? This groundbreaking competition is designed to incentivize development of a residential cooling solution that will have at least five times less climate impact than today’s standard RAC units. This technology could prevent up to 100 gigatons (GT) of CO2-equivalent emissions by 2050, and put the world on a pathway to mitigate up to 0.5˚C of global warming by 2100, all while enhancing living standards for people in developing countries around the globe.
Global Cooling Prize participants will be required to design their cooling technology to have at least 5X lower climate impact than the baseline unit and no more than 2X the cost of the baseline unit cost at assessed industrial scale. The prize supplementary criteria are under review for finalization which will be completed within 60 days of the launch and the indicated prize supplementary criteria are to be considered as directional guidance until full ratification has been secured. The performance of the technology solution will be evaluated against both the Primary Criteria and Supplementary Criteria, once ratified, as detailed below.
Source: The Global Cooling Prize
Illustration Photo: District cooling station in West Bay in Doha, Qatar. (credits: Omar Chatriwala / Flickr Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0))