Viet Nam

The 2026 Call for Proposals in Viet Nam is now closed. The next cycle of applications will open in early 2027. Sign up below to stay tuned.

The Climate Finance Accelerator in Viet Nam

CFA Viet Nam is led by our delivery partner PwC Vietnam. CFA Viet Nam has just completed its third call for proposals, with selected businesses to be announced in the Spring.

The CFA has been active in Viet Nam since 2022, supporting the development of a robust pipeline of climate-aligned

investments. So far across two cycles, 21 businesses have received in-depth capacity building and curated matchmaking, connecting them with a network of more than 40 financiers. CFA engagement has strengthened local capacity and investor readiness, contributing to progress towards Viet Nam’s NDC.

Climate policy in Viet Nam

Viet Nam’s robust economic growth of about 7% annually has been accompanied by a steep rise in greenhouse gas emissions. In response, the government has set ambitious climate targets under its revised Nationally Determined Contribution (NDC), aiming to reduce emissions by 43.5% by 2030 and achieve net zero by 2050 through sector-specific strategies in energy, agriculture, waste, and industry.

Although investor interest in climate projects is growing, funding remains concentrated in small, short-term initiatives due to a limited pipeline of large, investment-grade projects and low domestic risk appetite. Closing the climate finance gap will require stronger collaboration and innovative partnerships to mobilise capital and enhance the investment readiness of scalable climate solutions.

Climate Finance Accelerator - 2026 cohort

Alterno is an Asian clean energy company specialising in energy storage, developing sand and salt batteries to accelerate net zero transition.

ARC-V tackles Viet Nam's mixed solid waste challenge with technology that converts unsorted waste into valuable products such as biochar, fertiliser, protein and bio-oil, without incineration or landfill.

Bamboo King Vina pioneers biochar production from agroforestry waste for carbon sequestration, while developing engineered bamboo as a low-emission alternative to conventional construction materials.

BioWraps transforms fruit peel waste into bio-degradable packaging materials, helping replace single-use plastics with circular, low-carbon alternatives.

LAB2LIFE develops modular biomanufacturing systems that convert agricultural residues into bio-fertilisers and biocontrol products, supporting lower-carbon and more circular agriculture.

New Bioway Organic develops aerobic fermentation technology and equipment that converts organic waste into bio-organic fertiliser, reducing methane emissions and supporting more sustainable agriculture.

Phuc Sang Minh converts biogas waste into BioCNG and biomethane, helping industrial customers switch to lower-carbon fuels through its integrated gas infrastructure and technical expertise.

SATY builds an end-to-end low-carbon rice platform using Internet-of-Things and alternate wetting and drying practices to reduce emissions, improve traceability and increase farmer incomes.

Viet Smart Mobility deploys shared e-bike services across Vietnamese cities, offering a low-emission transport option for tourism and first and last mile travel.

VSAPAT develops climate-adaptive agroforestry and low-emission agricultural value chains in Viet Nam's northern mountainous areas, supporting sustainable livelihoods while promoting environmental protection.

Zenwood manufactures sustainable wood composite materials using 90% recycled content, reducing waste and supporting low-carbon, circular construction solutions.

Expression of Interest to Join CFA