In Context
- Recently, the report, “Climate Investment Opportunities in India’s Cooling Sector” was released by the World Bank.
Report Highlights
- Exposure to heat waves:
- From 2030 onwards, more than 160 to 200 million people could be exposed to a lethal heat wave in India every year.
- Productivity Decline:
- Around 34 million Indians will face job losses due to heat stress-related productivity decline.
- Demand for cooling:
- By 2037, the demand for cooling is likely to be eight times more than current levels, the World Bank has said in a report.
- In this scenario, it is imperative for India to deploy alternative and innovative energy-efficient technologies for keeping spaces cool.
- Significance of India’s Cooling Sector:
- India’s Cooling Sector could open an investment opportunity of $1.6 trillion by 2040 besides reducing greenhouse gas emissions significantly and creating 3.7 million jobs.
- With the demand for cooling shooting up, there will be a demand for a new air-conditioner every 15 seconds, according to the report.
- This demand will lead to an expected rise of 435% in annual greenhouse gas emissions over the next two decades.
- Thus, there is a need to shift to a more energy-efficient pathway which could lead to a substantial reduction in expected CO2 levels.
What is Heat Wave?
Criterion for declaring heat waves in India
Causes
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Suggestions by the report
- India Cooling Action Plan (ICAP) 2019:
- The report proposes a roadmap to support India Cooling Action Plan (ICAP) 2019, through new investments in three major sectors:
- Building construction,
- Cold chains and
- Refrigerants.
- The report proposes a roadmap to support India Cooling Action Plan (ICAP) 2019, through new investments in three major sectors:
- Climate-responsive cooling techniques:
- Adopting climate-responsive cooling techniques as a norm in both private and government-funded constructions can ensure that those at the bottom of the economic ladder are not disproportionately affected by rising temperatures.
- The report suggests that India’s affordable housing program for the poor, the Pradhan Mantri Awas Yojana (PMAY), can adopt such changes on scale.
- Policy for district cooling:
- It also proposed enacting a policy for district cooling which could lead to the consumption of 20-30% less power than the most efficient conventional cooling solutions.
- District cooling technologies generate chilled water in a central plant which is then distributed to multiple buildings via underground insulated pipes.
- This brings down the cost for providing cooling to individual buildings.
- Apart from this, guidelines for implementation of local and city-wide urban cooling measures such as cool-roofs should also be considered.
- It also proposed enacting a policy for district cooling which could lead to the consumption of 20-30% less power than the most efficient conventional cooling solutions.
- Fixing gaps in cold chain distribution networks:
- To minimise rising food and pharmaceutical wastage during transport due to higher temperatures, the report recommends fixing gaps in cold chain distribution networks.
- Investing in pre-cooling and refrigerated transport can help decrease food loss by about 76% and reduce carbon emissions by 16%.
- Lowering global warming footprint:
- Improvements in servicing, maintenance and disposal of equipment that uses hydrochlorofluorocarbons, alongside a shift to alternative options with a lower global warming footprint, are also recommended.
- This can create two million jobs for trained technicians over the next two decades and reduce the demand for refrigerants by around 31%.
Way Ahead
- The right set of policy actions and public investments can help leverage large scale private investment in this sector.
- India’s cooling strategy can help save lives and livelihoods, reduce carbon emissions and simultaneously position India as a global hub for green cooling manufacturing.
Source: TH
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