107 million dollars from ADB and BIM Wind to support a huge wind farm in Vietnam
The Asian Development Bank (ADB) has recently signed a 107 million dollars financing project with BIM Wind Power Joint Stock Company (BIM Wind) to support the functioning of an 88-megawatt wind farm in Ninh Thuan province, in Vietnam. 
Vietnam was one of the founding members of the Asian Development Bank in 1966 and ADB, since that moment, has supported the country’s poverty reduction achievements and has more recently been helping guide measures to increase the inclusiveness of infrastructure and service delivery, and to improve environmental sustainability and climate change response. Vietnam weathered the COVID-19 impacts well in 2020, sustaining growth at 2.9%, among the highest growth in the Asia and Pacific region. However, the rise of COVID-19 cases from the Delta variant in 2021 severely affected the economy, dragging down the 2021 growth to 2.6%.
The purpose of the financing
As the effects of climate change are increasingly felt globally, the world gradually