Vietnam Climate Innovation Center: CIC
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Vietnam Climate Innovation Center: CIC A Business Plan for the financing and implementation of a CIC in Vietnam. Copyright ©2012 Information for Development Program (infoDev)/The World Bank 1818 H Street NW Washington DC 20433 Internet: www.infoDev.org Email: [email protected] All rights reserved Disclaimers infoDev/The World Bank: The findings, interpretations and conclusions expressed herein are entirely those of the author(s) and do not necessarily reflect the view of infoDev, the Donors of infoDev, the International Bank for Reconstruction and Development/The World Bank and its affiliated organizations, the Board of Executive Directors of the World Bank or the governments they represent. The World Bank cannot guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply on the part of the World Bank any judgment of the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development/The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. To cite this publication: Climate Innovation Center Business Plan: Vietnam. An infoDev publication, April 2012. Available at: www.infoDev.org/climate Cover photo: Anthony Lambkin Vietnam CIC Business Plan 2 About infoDev infoDev is a global partnership program in the Financial and Private Sector Development Network of the World Bank Group. Its mission is to enable innovative entrepreneurship for sustainable, inclusive growth and employment. infoDev manages a global network which includes over 400 business incubators in more than 107 developing countries. This network has assisted more than 25,000 companies and helped create close to 250,000 jobs worldwide. infoDev‟s value-add is building global entrepreneurial and SME communities of practice, sharing best practices and facilitating collaboration. About AusAID The Australian Agency for International Development (AusAID) is an Executive Agency within the Foreign Affairs and Trade portfolio and reports to the Minister for Foreign Affairs. AusAID supports developing countries in adapting to climate change, including the poor in least developed states and small island developing states. It also assists developing countries with high carbon emissions to pursue cleaner development. About the Ministry for Foreign Affairs of Finland In its development policy, Finland emphasizes the rule of law, democracy, human rights and sustainable development. Poverty reduction and the achievement of the UN Millennium Development Goals (MDGs), placing an emphasis on partner countries‟ needs and ownership, are the first priorities of the development policy. Finland builds on its strengths in the educational sector, health promotion, communications and environmental technology, and good governance to promote education, decent work, reducing youth unemployment and improving the status of women and children. Vietnam CIC Business Plan 3 Contents 1.0 Executive Summary ................................................................................................ 6 1.1 Context ..................................................................................................................................................... 6 1.2 Barriers to Climate Innovation in Vietnam ......................................................................................... 7 1.3 Climate Innovation Center (CIC) ........................................................................................................ 7 1.4 CIC Programs ........................................................................................................................................... 8 1.5 Operational Plan ..................................................................................................................................... 9 1.6 Indicative Impact and Results ............................................................................................................ 10 1.7 Financial Plan ........................................................................................................................................ 10 2.0 Climate Innovation Centers ................................................................................. 11 2.1 infoDev Goals ........................................................................................................................................ 11 2.2 The Climate Innovation Challenge ................................................................................................... 11 2.3 Gaps in Existing Initiatives and Institutions ........................................................................................ 11 2.4 Incubators, Accelerators and Innovation Centers ........................................................................ 12 2.5 Climate Innovation Centers ............................................................................................................... 13 3.0 Climate Technology Market Landscape: Vietnam ........................................... 17 3.1 Defining Climate Technologies in the Vietnamese Context ........................................................ 17 3.2 Technology Prioritization ...................................................................................................................... 20 3.3 Stakeholder Analysis ............................................................................................................................. 34 4.0 Climate Innovation Analysis: Vietnam ................................................................ 48 4.1 Gaps along the Value Chain ............................................................................................................. 48 4.2 Technology Gaps ................................................................................................................................. 49 4.3 Company Gaps .................................................................................................................................... 50 4.4 Finance Gaps ........................................................................................................................................ 51 4.5 Market Gaps .......................................................................................................................................... 52 4.6 Policy Gaps ............................................................................................................................................ 53 5.0 Vietnam Climate Innovation Center Model ....................................................... 54 5.1 Program Tracks ...................................................................................................................................... 56 6.0 Operational Plan ................................................................................................... 62 6.1 Project Timeline ..................................................................................................................................... 62 6.2 Governance .......................................................................................................................................... 63 6.3 CIC Host Selection ................................................................................................................................ 63 Vietnam CIC Business Plan 4 6.4 Fund Manager ....................................................................................................................................... 65 6.5 infoDev .................................................................................................................................................... 70 6.6 Donors ..................................................................................................................................................... 71 6.7 Safeguards ............................................................................................................................................. 72 6.8 Other Issues to be Addressed during Implementation .................................................................. 73 6.9 Exit Strategy ............................................................................................................................................ 73 6.10 East Asia Regional Engagement ..................................................................................................... 74 6.11 Organizational Structure ................................................................................................................... 74 7.0 Financial Plan ........................................................................................................ 77 7.1 Budget for Years 1 to 5 ........................................................................................................................ 77 7.2 Sustainability .......................................................................................................................................... 79 7.3 Co-investment and leverage ............................................................................................................. 82 7.4 Fundraising Plan ...................................................................................................................................