HSBC intends to provide $1 billion in financing to early-stage climate tech firms worldwide. This funding will assist climate tech companies in areas such as EV charging, battery storage, sustainable food and agriculture, and carbon removal technologies. The announcement follows the introduction of HSBC’s Innovation Banking and HSBC Asset Management’s Climate Tech Venture Capital strategy. Barry O’Byrne, CEO of global commercial banking at HSBC, emphasized the importance of financial access for early-stage climate tech companies and highlighted HSBC’s global reach and expertise in climate tech, as well as its newly launched Innovation Banking initiative. HSBC aims to accelerate the development and scaling of crucial climate technologies through this support.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}