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The Asian Development Bank (ADB) mobilized a $135-million climatefinancing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. The Climatescope results come just ahead of next month’s United Nations-supported climate negotiations in Madrid. —Luiza Demôro, project manager for BloombergNEF.
The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and habitat preservation in Zimbabwe. Customers can then follow a quick link to make financial contributions to environmental projects designed to offset their individual carbon footprint.
That year was the height of counterculture in the United States, it witnessed the death of Jimi Hendrix, the last Beatles album, and Simon & Garfunkel’s ‘Bridge Over Troubled Water’ War raged in Vietnam and students across the US overwhelmingly opposed it. It is crucial for businesses of all sizes to act now.
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