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The Asian Development Bank (ADB) mobilized a $135-million climate financing 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.
The majority of new power-generating capacity added in developing nations in 2018 came from wind and solar; however, the majority of power to be produced from the overall fleet of power plants added in 2018 will come from fossil sources and emit CO 2. —Luiza Demôro, project manager for BloombergNEF.
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