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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.

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How to bridge the gap in climate finance

Innovation News Network

Alba Forns Albuixech and Kristina Lyubomirova Lazarova explore how to bridge the gap in climate finance for a green future. The post How to bridge the gap in climate finance appeared first on Innovation News Network.

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ClearFlame Engine Technologies secures $17M in Series A financing

Green Car Congress

ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

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Government of Québec unveils $2.7B climate change action plan; 63% of spending targeting transport

Green Car Congress

The Premier of Québec, Jean Charest; the Minister of Sustainable Development, Environment and Parks, Pierre Arcand; and the Minister of Transport Pierre Moreau unveiled the Canadian province’s 2013-2020 Action Plan on Climate Change (PACC 2020). The action plan and strategy adaptation represent a total investment of nearly C$2.7

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FAO report warns of sharp decline in climate finance for agrifood systems

Innovation News Network

An FAO report has identified a shortfall in climate finance directed towards agrifood systems. The post FAO report warns of sharp decline in climate finance for agrifood systems appeared first on Innovation News Network. Learn about the impacts on food security.

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130 banks holding US$47 trillion in assets commit to climate action and sustainability; 1/3 of global banking sector

Green Car Congress

In the Principles, launched one day ahead of the UN Climate Action Summit in New York, banks commit to align their business strategically with the goals of the Paris Agreement on Climate Change and the Sustainable Development Goals, and scale up their contribution to the achievement of both.

Climate 236
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Universal Hydrogen secures additional $62M in financing to accelerate first test flight of hydrogen-powered regional aircraft to 2022

Green Car Congress

While regional aviation represents a sizable market opportunity and an important early proof point in the fight against climate change, it is a small fraction of total aviation emissions. The gravity of climate change is forcing a tipping point in the green hydrogen ecosystem of producers, distributors, and consumers.

Hydrogen 397