ADB agrees $80m financing for green transport in China

In:

Social infrastructure

Region:

Asia-Pacific

The Asian Development Bank has signed an $80 million loan with Bank of Communications Financial Leasing Co. Ltd. to fund the lease of new energy buses which will contribute to the promotion of sustainable urban transport in China.

The buses, which include battery-powered electric buses and buses running on fuel cells with zero direct emissions, will help reduce pollution and greenhouse gas emissions in the country.

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