The two-day Global Cooling Innovation Summit was inaugurated by Dr Harsh Vardhan, Union Science and Technology Minister, in New Delhi on Monday. The summit is a first-of-its-kind solutions-focused event that will bring together leaders from around the world to explore concrete means and pathways to address the climate threat that comes from the growing demand from room air conditioners, according to reports.
The event is being jointly organised by the Department of Science and Technology, Government of India, along with Rocky Mountain Institute, Alliance for An Energy Efficient Economy (AEEE), Conservation X Labs and CEPT University.
The summit also saw the launch of Global Cooling Prize — Mission Innovation Challenge that aims to spur development of a residential cooling solution that has at least five times (5x) less climate impact.
The Global Cooling Prize is a competition with global reach and participation to achieve dramatic breakthroughs in cooling technologies. The objective of this competition is to develop a cooling technology that requires radically less energy to operate, utilises refrigerants with no ozone depletion potential and with low global warming potential, and has the potential to be cost-effective at scale.
This awards programme will call for world-wide attention to the most promising ideas across the globe. It will celebrate successes and facilitate endeavours of innovators through providing recognition, encouragement and support.
The award will also be able to build a collaborative platform that can utilise the potential of researchers so that public research contributes towards fostering innovation and create impact which is of social and economic good.
This recognition will not only acknowledge the eminent contributions to clean energy research development and demonstration, but will also motivate younger researchers to focus on innovations needed in clean energy domain to make world a better place to live.
The summit will see distinguished speakers from around the world, including innovators, philanthropists, venture capitalists, and other industry leaders, converge to participate in discussions over a two-day period.
Panelists at the summit are expected to share their perspective on solving the cooling challenge, with discussions on the currently available public policy tools and how those may be informed or enhanced as a result of new innovations in the space.