Cold Storage Facilities

Cold storage room

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Cold Storage Facilities
Cold Storage Facilities
Cold storage facilities and warehouses that utilize renewable energy
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Business Model Description

Establish cold storage facilities utilizing renewable energy. Silos could be built/owned/operated, or built and leased by experienced operators.

Expected Impact

Address food loss and waste issues as well as energy efficiency by investing in solar cold storages.

How is this information gathered?
Updated: 4 Aug, 2021 Date of Production: 1 Dec, 2020
Jordan
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
20% - 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Affordable and Clean Energy (SDG 7)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Climate Action (SDG 13)

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Sector Sources
  • 1) Sustainable Development Report 2019.
  • 2) Ministry of Agriculture, National Agriculture Strategy 2020 – 2025.
  • 3) IFPRI, 2018, “The Role of Agriculture and Agro-processing for Development in Jordan”, The Middle East and North Africa Regional Program Working Paper series 5.
  • 4) Ministry of Agriculture, National Agriculture Strategy 2020 – 2025.
  • 5) Ministry of Planning and International Cooperation, 2015, Jordan’s Way to Sustainable Development First National Voluntary review on the implementation of the 2030 Agenda.
  • 5b) Japan International Cooperation Agency (2009). Jordan, Country Gender Profile, page 26.
IOA Sources
  • 6) FAO, 2019, Value Chain Studies in Jordan, High Level Workshop.
  • 7) Weather online, retrieved from https://www.weatheronline.co.uk/reports/climate/Jordan.htm Jordan Investment Commission, Energy Sector. Retrieved from: www.jic.gov.jo
  • 8) GIZ, 2013, Solar Cooling for Industry and Commerce (SCIC).
  • 9) FAO, 2018, Costs and benefits of clean energy technologies in Kenya’s vegetable value chain
  • 10) World Bank. 2018. The role of food and agriculture for job creation and poverty reduction in Jordan and Lebanon.
  • 11) Energypedia, solar cooling
  • 12) JIC, https://www.jic.gov.jo/en/non-jordanian-incentives/
  • 13) Ministry of Energy and Mineral Resources, Energy Strategy 2020 - 2030.