Private sector capital continues to gain momentum across Latin America’s carbon markets, with a growing share targeting carbon removals (CDR) as developers and financiers scale new supply hubs beyond early strongholds.

Climate initiative - Cambodia has launched a regional climate technopreneurship initiative aimed at scaling green innovation and supporting climate technology businesses across Southeast Asia. Funded by the Green Climate Fund and led by the Global Green Growth Institute, the programme will provide incubation, acceleration, and technical support to climate-focused startups while facilitating partnerships and investment readiness. A $200 mln Climate Technopreneurship Fund will channel capital into high-potential climate enterprises across Cambodia, Indonesia, Laos, the Philippines, and Vietnam. The initiative, running through 2030, aims to support 185 climate tech businesses across five countries, while promoting women-led firms, and is expected to avoid 1.63 MtCO2e in emissions.