Figure 46: Refrigerant demand comparison between BAU & STS:26C

5.

Figure 47: Cooling capacity addition under STS:26C

Cooling investment demand:

It is also estimated that implementing ICAP STS:26C scenario there is an investment requirement of around USD 210 billion by 2037 compared to USD 45 Billion in 2017. In this scenario investment requirement increases by around 5% compared to the Baseline investment demand by 2037. By 2047 the total cooling investment demand under in the STS:26C scenario may reach up to USD 300 Billion. These investments are only cost of cooling equipment and does not include any other infrastructural cost required to set up the plants. Figure 49 shows the cooling technology wise projected investment demand until 2047.