By Eamonn Ryan
This series is based on a joint GCCA–IFC webinar on the topic Cold Chain Insights in Emerging Markets, moderated by Amanda Brondy (GCCA), with contributions from Harsh Gupta, Cold Chain Lead, IFC; Rusmir Music, Global Cooling Lead, IFC; Selcuk Tanatar, TechEmerge Lead, IFC; Sunil Nair, Cooling Markets Lead India, GCCA; and Adam Thocher, Senior VP of Global Programs, GCCA.
This is part eight of an eight-part series with this first part covering the topic: IFC is embedding proven cooling solutions into mainstream investments to scale sustainable cold chains globally.
IFC is now transitioning from pilot-based learning to large-scale deployment of proven sustainable cooling technologies. Programs like TechEmerge have identified solutions that work in real-world environments, and IFC is embedding these solutions into mainstream projects to achieve systemic impact across emerging markets.
The strategy involves multiple layers. Large-scale cold storage and transport facilities – often requiring USD15–20-million in investment – are being financed directly by IFC. For smaller enterprises, IFC partners with local banks and development funds, providing on-lending mechanisms that enable micro and medium-sized operators to adopt modern cooling technologies. This approach ensures inclusivity while leveraging the bank’s capacity to manage larger-scale risk.
Scaling also requires addressing the operational and human capital challenges identified in pilot projects. IFC emphasises operator training, monitoring and maintenance protocols as essential complements to physical infrastructure. Lessons from TechEmerge pilots – such as the importance of PCM transport training or solar energy management – are integrated into project design and standard operating procedures.
The environmental benefits of scaling sustainable cooling are substantial. Reduced diesel use, energy-efficient refrigeration and integration of solar or biomass power contribute to lower greenhouse gas emissions. These improvements align with both climate commitments and financial sustainability, as operational savings improve profitability and investor confidence.
Beyond energy efficiency, scaled cold chains enhance food security and reduce post-harvest losses. In emerging markets, perishable goods such as dairy, fruits, vegetables and pharmaceuticals are particularly vulnerable. IFC-supported projects aim to maintain temperature integrity across long supply chains, reducing losses that can reach 30–50% in underdeveloped logistics networks. Ensuring reliability is not only an operational concern – it also safeguards incomes for farmers and improves access to nutritious food for consumers.
Investors, operators and policymakers can now consider cooling not as a niche technical requirement, but as a critical infrastructure investment. By demonstrating both financial and social returns, IFC aims to catalyse private capital into markets where cold chains have historically been underdeveloped.
Finally, the panel emphasised that scaling requires systemic co-ordination. Policy frameworks, technology standards, and training programmes must all align to ensure reliability and impact. IFC’s approach illustrates that sustainable, climate-resilient cold chains can move from pilot projects to full-scale operations, supporting food security, economic growth and environmental goals simultaneously.