The Cooling Crisis & Cold Chain Opportunity
The Problem
- Inadequate Cold Chain & Lack of Cooling Access: the 1+ Billion people with inadequate or no access to cooling
- Food access depends on agricultural cold chain, cold storage and distribution — food spoilage estimated at over 35% globally
- Health care equipment & medicines depends on cooling technology for temperature control
- Communications, education and internet access depend on cooling
- AC use for space cooling is rising throughout Asia but remains at 10% of households in India
- Current technology solutions are inefficient and too expensive for much of the world’s population
- Many current cooling solutions are energy intensive
- Energy intensive cooling solutions increase peak power demand
- There is minimal dedicated funding for cooling technology and cold chain innovators
- New business models for cooling are emerging but need funding to scale-up
- Prizes have yet to have significant impact on cooling solutions
Sustana
Our Goals
Characterize a massive, exponentially growing global impact opportunity
Build a global pipeline of innovative thermal technology companies
Create a specialist team to channel investment funds into “cool” companies
Leverage blended capital finance to manage risk & maximize impact
Investment in Cooling Tech in developing nations aligns with multiple U.N. Sustainable Development Goals (SDGs)
End Poverty
Adequate cooling enables households to overcome the economic and social challenges posed by 30C+ temperatures
End Hunger
Cooling enables greater food access and affordability. In Africa, over 30% of produce is lost due to food spoilage.
Ensure Equitable Education
Leaning and cognitive performance decline as temperatures increase.
Ensure Healthy Lives
Cooling & refrigerated transport will improve the quality of care in hospitals and ensure safe transport of vaccines.
Ensure Access to Affordable, Clean Energy
Efficient cooling is vital to the stability of electric grids. If HVAC growth estimates for India, for example, prove accurate, the power demand will collapse the electricity grid without more efficient cooling and refrigeration. The mutual dependence of access to affordable energy and more efficient cooling companies is a global phenomenon.
