The document synthesizes evidence on fast-rising global cooling demand and its climate impacts: cooling already uses about one fifth of global electricity, and absent stronger action, cooling emissions could reach 4.4–6.1 Gt CO₂e in 2050, i.e., >10% of projected global emissions. It identifies three priorities — passive cooling, higher efficiency standards, and a faster HFC phase-down — which together can cut over 60% of projected 2050 cooling emissions, enable an additional 3.5 billion people to benefit from cooling, reduce peak power by 1.5–2 TW, and lower end-user electricity bills by ~US$1 trillion in 2050. Passive measures alone could curb 2050 capacity growth by 24%, avoid up to US$3 trillion in new equipment, and cut ~1.3 Gt CO₂e. The document calls for integrated regulation and scaled finance, underpinned by US$22 trillion in life-cycle cost savings, and aligns actions with the Global Cooling Pledge to accelerate adoption.