HSBC readies $1b funding for climate-tech startups

HSBC readies $1b funding for climate-tech startups

FILE PHOTO: A Chinese national flag flies in front of HSBC headquarters in Hong Kong, China, July 28, 2020. REUTERS/Tyrone Siu

HSBC Holdings said on Wednesday it plans to allocate $1 billion in financing to support emerging climate-tech companies around the world, in a push to help reduce carbon emissions.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter