Thailand Refrigeration and Air Conditioning Nationally Appropriate Mitigation Action (RAC NAMA) Project Dates: April 2016 - March 2021
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PROJECT OBJECTIVE

RAC NAMA supports producers in bringing to the market new climate-friendly and energy efficient cooling products that comply with regulations in Thailand. Producers will receive technical support in the product design and financial support for investment in the setting up of production lines. The project supports training programmes for service staff and technicians to prepare for different safety challenges. The project offers support to responsible ministries and agencies to define safety standards and building code in line with international best practices. Technology Adoption The project demonstrates best practices of energy performance standards, labels and other incentive schemes. The project further works with commercial end-users such as supermarket chains and hotels, to develop projects that reduce energy consumption in the RAC sector

PROJECT DESCRIPTION

The demand for energy in Thailand’s cooling sector is on the rise. Today, refrigeration and air-conditioning (RAC) technologies already use an estimated 50% of the electricity consumed in Thailand. Without intervention, it is projected that this demand will triple by 2030. With its high-energy consumption and the use of climate-damaging chemicals – refrigerants with high global warming potential (GWP) – the cooling sector has a major impact on Thailand’s greenhouse gas (GHG) emissions. Reducing emissions from the cooling sector will be key to reaching Thailand’s ambitious climate targets. RAC NAMA supports Thailand in initiating a transformation of the cooling sector towards climate-friendly and energy efficient cooling technologies, contributing to the country’s energy and climate targets, strengthening the industry’s competitiveness and bringing additional climate finance to the sector




Region/Location

BUDGET

USD 8,300,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. BMU-IKI - Internationale Klimaschutzinitiative
  2. UK - The United Kingdom
PROJECT CONTACT PERSON

Name:Philipp Pischke

Email: philipp.pischke@giz.de

IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
SUPPORT SUBTYPE
  • Capacity Building
ADDITIONAL INFORMATION

Thailand is an important industrial hub in the global refrigeration and air-conditioning (RAC) sector. Nowadays the use of RAC technologies also accounts for more than half of the electricity consumption and it is responsible for a significant GHG emission of the country. To encourage the use of greener and energy efficient cooling technologies with natural refrigerant, “RAC NAMA Fund” is established in 2018 as a financial instrument for the whole chain of supply and demand as well as service sector. With a budget of €8.3 million and a thoughtfully design of financial mechanisms with technical support, the fund will serve the needs of all stakeholders simultaneously and sustainably.


BUDGET

USD 8,300,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. BMU-IKI - Internationale Klimaschutzinitiative
  2. UK - The United Kingdom
PROJECT CONTACT PERSON

Name:Philipp Pischke

Email: philipp.pischke@giz.de

IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
SUPPORT SUBTYPE
  • Capacity Building