HSBC has committed $1bn to support climate technology startups. The bank’s Clean Air Impact initiative follows its previous climate commitments.
This move is part of the bank’s wider plan to become a net zero bank. The funding will go towards enabling new businesses focused on improving air quality.
The scheme will identify growing startups in the climate technology sector. The support will also extend towards existing firms working towards net-zero.
The initiative emphasizes HSBC’s strong stand on climate change. It indicates its role in supporting green transitions across various industries.
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https://www.edie.net/hsbc-pledges-1bn-to-boost-climate-technology-startups/
