article thumbnail

ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

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.

Vietnam 195
article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

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.

Coal 243
article thumbnail

VinFast and U.S. Bank Partner to Offer Financing and Leasing Solutions in the United States

Electric Cars Report

VinFast, the Vietnam-based automaker, has announced that U.S. Bank has been chosen as its preferred provider for retail financing and leasing of VinFast vehicles in the United States. Bank Partner to Offer Financing and Leasing Solutions in the United States appeared first on Electric Cars Report.

article thumbnail

Porsche launches carbon offsetting program for US drivers

Green Car Congress

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.

Porsche 186
article thumbnail

Porsche launches carbon offset program in US

Green Car Congress

The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and species diversity in Zimbabwe. The Porsche Impact program is managed by South Pole, a Swiss-based provider of carbon offsetting and sustainability financing that has been active internationally for more than a decade.

Porsche 207
article thumbnail

Karamba Security raises $10M in new funding; round led by VinFast

Green Car Congress

Israel-based Karamba Security , a leading developer of endpoint protection for connected devices, has secured $10 million in new funding in an extension to its B Round financing.

article thumbnail

BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Highlights of the renewables investment total included a leap of 56% in financings of offshore wind projects to $50 billion, including the largest deal ever in that sub-sector—$8.3 Biomass and waste-to-energy financings were down 3% at $10 billion. billion, Vietnam 89% higher at $7.4 billion, down 12%.

2020 259