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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.
Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. Of the total $133 billion in asset finance that flowed to supporting development of new clean energy projects in the markets in developing nations, just $24.4 —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.
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” That chimes with a January study by SEO Economic Research commissioned by the Finance Ministry that found a third of Dutch multinationals would consider moving operations abroad in the next two years. ” Chip equipment supplier ASM International recently expanded in the U.S. “You’d need two hands to count them.”
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