📍 Santa Fe, Argentina
🛠️ Concessional Loan (AFD) + Investment Grant (GCF)
In Santa Fe, summer peaks regularly exceed 40°C and public buildings are struggling to cope. Schools, healthcare facilities and airport infrastructure are being modernised through PEEB Cool to address this head-on. Early pilots have shown striking results: students now enjoy thermal comfort 95% of the time without air conditioning, compared to just 30% before. A €50M investment structured as a €35M AFD concessional loan and a €15M Green Climate Fund contribution through PEEB Cool.
The project targets a 40% reduction in energy consumption and over 60% in GHG emissions, equivalent to avoiding 1,621 tCO₂eq every year.