The Cool Up programme is pleased to announce the launch of a new collaboration with Al Baraka Bank Egypt, aimed at expanding financing opportunities for sustainable cooling solutions across the country.

With support from consortium member Frankfurt School of Finance & Management and in cooperation with DFA Development Consulting, this partnership will focus on:

• Reviewing Al Baraka Bank Egypt’s lending portfolio to identify opportunities for sustainable cooling finance.
• Co-developing tailored financial products that support the adoption of energy-efficient systems using natural refrigerants.
• Enhancing internal capacity within the bank to manage and promote sustainable cooling loans.

This collaboration builds on Cool Up’s regional approach to enabling market transformation through policy, technology, and finance. By working with financial institutions in Egypt, Jordan, Lebanon, and Türkiye, the programme aims to foster the uptake of low-emission cooling technologies that contribute to national climate targets and global environmental agreements.

The joint effort with Al Baraka Bank Egypt marks a significant step toward aligning financial sector engagement with the country’s sustainable development goals. It also reflects the growing momentum for green finance initiatives that accelerate the transition to climate-friendly solutions in Egypt’s rapidly expanding cooling market.