This NAMA Support Project will address and support the following measures:
- A ban of hydrofluorocarbons (HFCs);
- The application of Minimum Efficiency Standards (MEPS) in the domestic refrigeration sector;
- A production line conversions using hydrocarbon refrigerants instead of HFC and changed product design to improve energy efficiency;
- An innovative replacement program including a sustainable on-bill financing mechanism with incentives for low-income households when old-inefficient appliances are returned;
- Implementation of a sustainable extended producer responsibility scheme by which producers and importers are given responsibility for domestic refrigerators at the end of their lives.
The approach can serve as a prototype for replication in Latin America and other refrigeration and air-conditioning subsectors in Colombia.
The phase-in of new fridges and the proper waste management within the project period results in GHG emissions reduction of 16.8 Mt CO2e over the lifetime of the equipment, and an annual reduction of around 3.8 Mt CO2e by 2030 – which is a 50 per cent reduction from the BAU in this sector. Co-benefits will be amongst others increased education and employment, increased economic competitiveness, improved access to credit and efficient equipment for low income households, and decreased negative environmental impacts.