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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.

Vietnam 195
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Government of Québec unveils $2.7B climate change action plan; 63% of spending targeting transport

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

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The proprietary modular capsule technology is significantly lighter than the current state of the art in hydrogen storage and is designed from first principles for flight and ground transport safety certification. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.

Hydrogen 397
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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CARB approves $2.6B investment for clean cars, trucks, mobility options

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billion investment plan to support the transition to zero-emission transportation. billion Fiscal Year 2022-23 Funding Plan for Clean Transportation Incentives will benefit priority populations. 381 million for clean transportation equity projects. The bulk of these funds have come from California Climate Investments.

Clean 326
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Report: $12.1T must be invested in new renewable power generation over next 25 years to limit climate change

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To reach the level of investment in new renewable power generation needed to avert dangerous climate change, $12.1 trillion above business-as-usual projections— according to a new report by Ceres and Bloomberg New Energy Finance. trillion of investment will be needed over the next 25 years—$5.2

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California Governor signs two bills to strengthen emission standard for trucks; Executive Order leverages $700B portfolio to strengthen climate resiliency

Green Car Congress

Finally, CARB is to strengthen existing or to adopt new regulations to achieve greenhouse gas reductions within the transportation sector. million vehicles on the road in California but accounted for 20% of greenhouse gas emissions from the transportation sector and 8% of statewide greenhouse gas emissions this year. Truck emissions.

Climate 191