Cooling Facility

Cooling Facility

As global temperatures increase and the demand for cooling rises, so do the emission levels of greenhouse and fluorinated gases, which have a very high global warming potential.  Reports cite that at 1.5°C of warming – a threshold that could be reached by 2030 - 2.3 billion people could be vulnerable to illness and death from heatwave events (Intergovernmental Panel on Climate Change, 2019) and productivity loss could be the equivalent of 80 million full-time jobs (International Labor Organization, 2019). Therefore low-carbon and sustainable cooling solutions are essential.

The Cooling Facility will be one of the world’s first cooling-focused facilities with the aim to provide cooling solutions in nine countries.  It will focus on regulation and policy, technical assistance and financing to address and help remove barriers to the development of sustainable cooling investments.  Planned measures include financing for investments in innovative, climate-friendly cooling technologies and systems, and creating an enabling environment by strengthening institutional, policy and regulatory frameworks and building capacity of key stakeholders in technologies, business models and cooling project appraisal and implementation.

Total project value


Tonnes of emissions avoided






Result areas

Project timeline


17 Sep 2020 - 386 days

Funding proposal received

17 Sep 2020

Cleared by GCF Secretariat

16 Jul 2021

Cleared by iTAP

14 Sep 2021


07 Oct 2021 - 225 days so far

Approved by GCF Board

07 Oct 2021

Under implementation


Four regions

  • Africa
  • Eastern Europe
  • Latin America and the Caribbean
  • Asia-Pacific

Nine countries

Three priority groups

  • Least Developed Countries
  • Small Island Developing States
  • African States
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing

GrantUSD 32,000,000
LoanUSD 29,000,000
LoanUSD 96,000,000
Total GCF Financing
USD 157,000,000


Co-FinancingLoanUSD 130,000,000
Co-FinancingLoanUSD 27,400,000
Co-FinancingLoanUSD 20,000,000
Co-FinancingLoanUSD 86,000,000
Co-FinancingLoanUSD 150,000,000
Co-FinancingGuaranteeUSD 50,000,000
Co-FinancingGrantUSD 80,500,000
Co-FinancingGrantUSD 25,000,000
Co-FinancingGrantUSD 3,000,000
Co-FinancingGrantUSD 940,000
Co-FinancingLoanUSD 150,000,000
Total Co-Financing
USD 722,840,000

GCF Contacts

General media inquiries

GCF Communications
Phone +82 32 4458 6338 (KST)
Send e-mail

Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6186 (KST)
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155 (KST)
Send e-mail

Accredited Entity

More contacts

National Designated Authority

Environmental Affairs Department
Mrs. Tawonga Mbale-Luka
Environmental Affairs Department Private Bag 394 Lilongwe 3, Malawi, Lilongwe, Malawi
Phone +265 1 771 111
Phone +265 1 773 379
Evans Davie Njewa
Environmental Affairs Department Lilongwe 3, Malawi., Lilongwe, Malawi
Phone +265 1 771 111
Phone 265 1 770 359
Phone +265 8888 53245
Phone +265 9948 53245
North Macedonia
Cabinet of the Deputy President of the Government in Charge for Economic Affairs and Coordination of Economic Sectors
Mr. Daniel Josifovski, MSc
Advisor, Cabinet of the Deputy Prime Minister in Charge of Economic Affairs, Coordination of Economic Sectors and Investments
Ms. Teodora Grncharova Obradovikj, PhD
State Counselor on Climate Change, Ministry of environment and physical planning
Ministry of Environment
His Excellency Milciades Concepción
Minister of Environment
Building 804, Albrook, Panama
Mr. Bolivar Cañizales
Deputy Operational Focal Point, Head of the Department of Environment and Climate Change, Directorate of International Organizations and Conferences of the Ministry of Foreign Affairs
Phone (507) 511-4256
Ms. Ligia Castro de Doens
Operational Focal Point, Director of Climate Change of the Ministry of Environment
Phone (507) 500-0855
The National Treasury
Mr. Julius Muia
Principal Secretary
Treasury Building, Harambee Avenue, P.O Box 30007-00100, Nairobi, Kenya
Phone +254 20 224 0051
Mr. Peter Odhengo
Senior Policy Advisor, Climate Finance
Phone +254 722 984992
Mr. Hillary Korir
Sri Lanka
Ministry of Environment
Dr. Anil Jasinghe
No. 416/C/1, "Sobadam Piyasa" Robert Gunawardana Mawatha, Battaramulla, Sri Lanka
Phone +94-11-2034121
Phone +94-11-2034122
K.N. Kumudini Vidyalankara
Director, Climate Change Secretariat
"Sobadam Piyasa," No. 416/C/1, Robert Gunawardana Mawatha, Battaramulla, Sri Lanka
Phone +94 11 2034192
Phone +94 716905865
El Salvador
Ministry of Environment and Natural Resources (MARN)
His Excellency Mr. Fernando Andrés López Larreynaga
Minister of Environment and Natural Resources
Kilometro 5 1/2 Carretera a Santa Tecla, colonia y calle Las Mercedes, Edificios MARN, San Salvador, El Salvador
Mrs Mayra Lourdes Argueta de Ardón
Director of Cooperation, Agreements and Climate Change
Phone (503) 2132-9344
Phone (503) 7850-2469
Sao Tome and Principe
Ministry of Planning, Finance and Blue Economy
Mr. Fausto Policarpo Abreu das Neves
Office of the Prime Minister
His Excellency Mahdi Mohammed Gulaid
Deputy Prime Minister
Villa Somalia, Mogadishu
Economic Relations Division (ERD), Ministry of Finance
Ms. Fatima Yasmin
Economic Relations Division (ERD), Ministry of Finance, Block No:8, Room no:3&4, Shere-e-Bangla Nagar, Dhaka, Bangladesh
Phone +88 02 9113743
Phone +88 02 9133489