The Net Zero Challenge 2025, Vietnam’s largest climate innovation competition, has officially launched its third edition.

A portal for registration of the competition opened on July 15 and will be available until September 1, 2025, at https://netzerochallenge.vn.

The program was co-organized by Touchstone Partners and Temasek Foundation, in partnership with the Ho Chi Minh City Institute for Development Studies (HIDS) and supported by a global network of innovation partners.

In 2025, participating teams will compete for a total prize pool of VND15 billion ($570,000) in non-dilutive cash grants awarded to the three winning pilot solutions. Additional investment and in-kind support will be provided by the program’s partners, totaling over VND6 billion ($228,000) in additional prizes.

The Net Zero Challenge serves as an annual global platform that bridges high-potential climate innovators with investors, corporations, and public sector leaders. Beyond the catalytic funding, the program offers winning teams an opportunity to test and validate their technologies through pilot projects in Vietnam, laying a foundation for long-term commercialization and regional scalability.