As per the estimations made by AEA (2011), the global building area is anticipated to triple by year 2050, which will lead to an increased foam demand for insulation sector with respective direct emissions from blowing agents. Moreover, an increased cooling demand is also observed due to economic development, urbanization, lifestyle, increased population etc which is leading to enhanced market for the appliances in the refrigeration and air conditioning (RAC) sector and hence, increased (direct and indirect) emissions.
Globally, unabated direct and indirect emissions in the RAC&F sectors will grow from incumbent 4 GT CO2eq to approximately 12 GT CO2eq by 2050. Hydrofluorocarbons (HFCs) constitute a dominant proportion of global GHG emissions from F-gases. HFC-based emissions have amplified during the period starting from 1995 till date. This growth is primarily driven by the transition to HFCs as substitutes for HCFCs (hydrochlorofluorocarbon) in the Organisation for Economic Co-operation and Development (OECD) nations. Emissions from HFCs in 2030 are projected to reach nearly 2 GT CO2 eq. and 4 GT CO2eq.by 2050 under a business-as-usual scenario.
NAMAs IN RAC&F SECTOR