Project preparation to join Climate Technopreneurship Pogram

Adding Vietnam to ROA10- Collaborative R&DB Program for Promoting the Innovation of Climate Technopreneurship. ROA10 includes an accelerator program and setting-up a fund (up to USD 130m) providing funding to early-stage companies offering technology-enabled solutions to address challenges caused by climate change. The program will support start-ups across the entire lifecycle to overcome the technical valley of death through R&D and collaborations and the commercialization valley of death to ensure that technology-enabled climate solutions are implemented at scale. The current concept note approved by KDB and GCF targets 4 countries (Indonesia, Laos, Cambodia, Philippines). Vietnam as one of the most vulnerable countries to climate change globally shall be added to the geographic scope of the fund. To add Vietnam, a pre-F/S study must be prepared to assess the local market for start-ups and entrepreneurs and engage with all relevant stakeholders. Further, the potential for climate tech solutions in the Vietnamese context needs to be assessed in more detail.