UK launches phase 2 of Climate Finance Accelerator in Vietnam

UK launches phase 2 of Climate Finance Accelerator in Vietnam

The British Embassy in Hanoi has announced a new wave of capacity building support for low carbon projects that can benefit communities across Vietnam.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Asean+3 ought to reinvent climate finance for the Asian century

Asean+3 ought to reinvent climate finance for the Asian century

To achieve carbon neutrality, Asean+3 countries must overhaul their economic strategies, which will almost certainly mean a period of slower growth. By mobilizing public and private climate finance, however, policymakers could mitigate the transition’s impact and create a greener and more resilient continent, write Masyita Crystallin and Marthe Hinojales.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

ADB leads $135 mln climate finance package to back Vietnam electric mobility

ADB leads $135 mln climate finance package to back Vietnam electric mobility

The Asian Development Bank (ADB) has mobilized a $135 million climate financing package for Vietnamese automaker VinFast to manufacture the country’s first fully-electric public transport bus fleet and first national electric vehicle charging network.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

IFC okays $75 million loan for SeABank

IFC okays $75 million loan for SeABank

The World Bank’s financial arm IFC has approved a five-year convertible loan of $75 million to support SeABank’s growth and increase targeted lending to small- and medium-sized enterprises.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7