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ADB Approves USD1bn to Support Low-Carbon Public Transportation in The Philippines

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  • 06 Jul 2023
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ADB Approves USD1bn to Support Low-Carbon Public Transportation in The Philippines

The Asian Development Bank (ADB) approved a USD1bn loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric bus fleets at scale in support of the Philippines’ efforts to reduce greenhouse gases and promote climate action.

Source: ESGNews