Figure 54: Refrigerant demand comparison between BAU & STS:28C

6.

Figure 54:Cooling capacity addition in STS:28C

Cooling investment demand:

It is also estimated that implementing ICAP STS:28C scenario there is an investment requirement of around USD 184 billion by 2037 compared to USD 45 Billion in 2017. In this scenario investment requirement reduces by around 10% compared to the Baseline investment demand. By 2047 the total cooling investment demand under in the STS:28C scenario may reach up to USD 265 Billion. These investments are only cost of cooling equipment and does not include any other infrastructural cost required to set up the plants. Figure 55 shows the cooling technology wise projected investment demand until 2047.