A peak inside the report

The report examines why cooling is rapidly becoming one of the most system shaping sources of emissions across the region and why timely action is critical. It translates the complexity of Article 6, carbon markets, and MRV into practical design principles tailored to the cooling sector, identifying which interventions are genuinely financeable today; particularly energy efficiency led, programmatic approaches that avoid overlap with Montreal Protocol obligations. The analysis provides country specific insights for Egypt, Jordan, and Türkiye, and sets out a clear roadmap from MRV ready pilots to scaled portfolios and future policy linked approaches.

The paper explores:

• How Article 6 carbon markets can be operationalised to finance sustainable cooling, with a focus on high‑integrity design, robust MRV, and alignment with national climate targets.
• Why energy‑efficiency‑led, programmatic cooling interventions (e.g. chillers, HVAC optimisation, district cooling, commercial portfolios) are the most scalable and credible near‑term carbon market opportunities.
• How to navigate governance, accounting, and “no‑overlap” challenges at the intersection of the Paris Agreement and the Montreal Protocol, avoiding double counting and double financing.
• What concrete pathways look like in Egypt, Jordan, and Türkiye, including country readiness, priority intervention archetypes, and a roadmap from pilots to scaled, policy‑linked approaches.

This report shows how Article 6 carbon markets can unlock high‑integrity, scalable finance to accelerate sustainable cooling across MENA and Türkiye.

Read the report to understand where credible cooling opportunities exist—and what it takes to make them Article‑6‑ready.