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

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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.

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

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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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Porsche launches carbon offsetting program for US drivers

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The program is available to US customers after PCNA earlier this year enrolled its own Porsche Experience Center cars and its Porsche Passport subscription fleet. The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and habitat preservation in Zimbabwe.

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Porsche launches carbon offset program in US

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(PCNA) has enrolled all cars at its two Experience Centers—sand its fleet in the monthly subscription pilot, Porsche Passport—sin Porsche Impact. Following its corporate fleets, PCNA will soon offer Porsche Impact to USA customers who want to reduce the CO 2 footprint of their internal-combustion engines.

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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

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Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing. The pilot programs will start in 2021, beginning in Singapore, and expand to Indonesia and Vietnam.

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

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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.