Applications are open for the Million Cool Roofs Challenge. The program objective is to improve access to cooling. Further, That does not currently have air conditioning. For example, houses in informal settlements in low-income neighborhoods. However, in order to seed change and embed the approach, projects may also include buildings that have air conditioning. Also, can reduce their energy consumption through the use of cool roofs, providing a stronger financial incentive for the owners. Further, and a more sustainable business model that can enable cool roof ecosystems to develop locally. Projects are likely to involve multiple organizations but should have a single lead organization responsible for coordinating any other organizations involved and receiving the funds.
- The Challenge will award $100,000 grants to up to ten teams this year to deploy solar reflective coating
- From there, $1 million will be awarded in 2021 to the team that has demonstrated the best sustainable
- transferable model for rapid deployment of cool roofs in an eligible country and best meets the judging criteria.
- meet minimum performance standards
- The Challenge is open to entrants globally. However, entrants must deploy cool roof materials in an Article 5 Group 1 (A5 Group 1) country as defined in the Montreal Protocol on Substances that Deplete the Ozone Layer.
- Focus: on cool roof deployment in a single country
- be from single organizations or consortia of multiple organizations.
- but if applying in consortia there must be a single lead applicant.
- This lead applicant must be a registered legal entity and will be the entity that receives the funds and is responsible for any division of the funds or sub-contracting to partners.
- They are also responsible for ensuring all members of the team act in accordance with the terms and conditions of the Challenge. Lead applicants may be any type of organization.
- However, special dispensation may be granted via prior agreement for applications comprising partnerships of several small countries that would not be able to reach the required scale individually.