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The Climate Finance Accelerator (CFA) is a global technical assistance programme funded by the UK government to support high-potential climate businesses and projects to access finance. The CFA helps businesses and projects strengthen their investment cases, and connects entrepreneurs and developers with investors. Since launching in 2020, the CFA has supported over 200 ventures, contributing to more than 50 closed deals and unlocking over USD500 million in finance. The CFA currently operates in ten countries (Colombia, India, Indonesia, Kenya, Malaysia, Mexico, Pakistan, South Africa, Thailand, and Viet Nam), catalysing the flow of finance needed for countries to deliver on their climate ambitions.
In Viet Nam, the CFA brings together the key actors in the climate investment value chain – businesses, project developers, finance providers, and public and institutional partners – to accelerate investment into low-carbon solutions. We help create a credible pipeline of investment-ready projects and foster the partnerships needed to unlock capital at scale. Alongside emissions reductions, the CFA targets material co-benefits, including supporting just transition efforts through inclusive, equitable, locally led approaches to sustainable development, strengthening gender equality and social inclusion, and building resilience to climate impacts.
Find more details about the call here.
The CFA works with businesses and projects that are actively seeking finance and can meet the following criteria:
- Measurable climate impact: Designed to achieve measurable climate outcomes in terms of direct or facilitated greenhouse gas emission reductions.
- Minimum ticket size: Have a minimum total financing need of at least USD5 million, with flexibility where sector dynamics, growth stage, or capital-structure needs justify a smaller raise.
- Stage of development: Project finance deals must have completed a full feasibility study (a technical and financial assessment confirming engineering design, costs, risks, and viability)
- Commercial model: Have a business model capable of generating attractive, risk-adjusted returns over time, although some element of blended or concessional capital may be required in early stages.
- Sectoral focus: Provide a solution within priority sectors including:
- Renewable energy: Solar, wind, biomass, BESS, waste-to-energy
- Low-carbon fuels: Green hydrogen, green ammonia
- E-mobility: Electric vehicle, electric vehicle charging, battery swapping, recycling
- Low-carbon manufacturing: Eco-industrial parks/ clusters, green industrial solutions, energy efficiency retrofit
- Sustainable agriculture, forestry, aquaculture: Climate-smart agriculture, aquaculture, low-carbon feedstock, reforestation
- Sustainable construction: Green building materials, energy efficiency retrofit, renewable energy integration
- Waste management: Solid waste management, RDF/Waste-to-energy, wastewater treatment and reclamation, Extended Producer Responsibility
- Positive environmental and social outcomes: Propositions should either demonstrate positive environmental and social impacts or show a genuine commitment to meaningfully integrating gender equality, disability, and broader social inclusion, recognising that some applicants may still be developing these elements.