The market for cold chain – a temperature-controlled supply chain for perishable and temperature-sensitive goods like food and medicine – is expected to reach $160 billion in annual investment by 2050 in emerging markets. However, many of these markets lack the right business and financing models, regulatory frameworks, stable electricity and adequate supply chains. These challenges are causing losses in agricultural produce and putting a strain on manufacturing and transport of vaccines and other medications.
IFC addresses cold chains and temperature-controlled logistics through our Sustainable Cooling Initiative and our investments in transport, logistics and agribusiness. This includes a comprehensive advisory and investment offer set of services anchored in our global experience and proprietary tools.