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Today's Briefing
Friday, Oct 16, 2026

Vietnam Climate Ventures Seek Over $120 Million in Funding

  • The Vietnam Climate Finance Accelerator (CFA) hosted its 2026 Investor Showcase in Ho Chi Minh City on October 15, where 11 climate-focused businesses presented a combined funding requirement exceeding $120 million over the next three years. These ventures are developing pioneering solutions, including sand-based heat batteries, fruit-peel packaging, insect-based waste recycling, and low-carbon rice farming, aiming to accelerate climate action and foster new jobs and critical infrastructure.

  • In a notable shift within the carbon removal market, purchases plummeted by 65% in Q3 2026 compared to the previous quarter, with carbon credit retirements also decreasing 9% year-on-year to 30.66 million. This downturn signals a challenging period for carbon removal projects, even as the overall market value rose to $211.8 million.

The Bottom Line

While specific regional initiatives like Vietnam's CFA continue to drive innovation and seek substantial investment for diverse climate solutions, the broader carbon removal market faces headwinds with a significant drop in purchases and retirements, indicating a need for renewed market confidence and clearer pathways for scaling.

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