Mission Efficiency Marketplace Nigeria Launch: Scaling Sustainable Cooling

About the Event

As temperatures rise and electricity demand grows, Nigeria is entering a crucial period in which accelerated progress on energy efficiency and sustainable cooling is necessary to enhance affordability, support system reliability, and mitigate increasing strain on the power sector. According to Chilling Prospects 2025, 124.4 million Nigerians are at high risk due to a lack of access to adequate cooling—from farmers and traders who lose food and income to heat, to patients who rely on reliable cold chains, to workers, students, and urban residents increasingly exposed to dangerous temperatures. At the same time, 101 million people are about to purchase the cheapest cooling devices, and if these are not efficient, the country risks locking households and businesses into high energy bills, worsening grid stress, and rising emissions for decades.

In this context, SEforALL is partnering with the National Council on Climate Change (NCCC) to convene the Energy Efficiency and Cooling Investment Marketplace in Nigeria. This collaboration brings together NCCC’s leadership in coordinating national climate action and SEforALL’s global expertise in energy transition finance to create a powerful platform for mobilizing investment in sustainable cooling and energy efficiency. Together, we are working to align cooling and efficiency investments with Nigeria’s Mission 300, the Energy Transition and Investment Plan (ETIP), and its Nationally Determined Contributions (NDCs), while strengthening the partnerships and financing mechanisms needed to deliver on national climate and development priorities. 

The Mission Efficiency Marketplace is a collaborative platform designed to mobilize and unlock finance for energy efficiency and sustainable cooling by bringing together governments, finance providers, development partners, industry, and philanthropies to develop investment-grade projects. Since 2023, SEforALL has convened Marketplace workshops in Nigeria, Ghana, and India, creating a space to identify barriers, assess financing readiness, explore technical assistance needs, raise awareness of efficiency and cooling standards, and build strategic public-private partnerships to scale the deployment of efficient and sustainable cooling solutions. The Nigeria Marketplace builds on this momentum to accelerate the deployment of efficient, affordable, and climate-aligned cooling solutions across the country. 

Objectives of the Marketplace in Nigeria 

1. Build Awareness and a Community of Practice: Strengthen partnerships among government, finance, private sector actors, and development partners, and establish a community of practice to coordinate and scale sustainable cooling and energy efficiency aligned with Mission 300, the ETIP, and national climate goals. 
2. Advance National Implementation: Support delivery of Nigeria’s targets by strengthening stakeholder coordination, aligning investment strategies with global climate commitments, and ensuring cooling and efficiency contribute meaningfully to adaptation and mitigation goals. 
3. Mobilize Investment in Cooling and Efficiency: Increase financial commitments and accelerate capital deployment for efficient cooling technologies, cold chains, and energy efficiency initiatives, helping projects progress from pipeline to implementation. 
4. Facilitate Innovative Financing Solutions: Foster dialogue, exchange knowledge and experience on financial mechanisms, business models and risk mitigation instruments to attract capital for sustainable cooling and energy efficiency, particularly in underserved and off-grid communities. 

Target Audience 

This session brings together a focused group of leaders and decision-makers who are directly shaping the future of cooling and energy efficiency in Nigeria, including: 

• Federal and State Government officials 
• Development finance institutions and climate funds 
• Commercial banks and local financial institutions 
• Cooling manufacturers, distributors, and service providers 
• Companies working in cold chains, agriculture, logistics, and buildings 
• Investors and philanthropic organizations 
• Technical partners, research institutions, and standards bodies 
• NGOs and industry associations engaged in sustainable cooling