Carbon Neutrality: HSBC Invests US$100 Million in Bill Gates-led Green Tech Programme to Support Decarbonisation of Heavy Polluting Sectors
by Daniel Ren (South China Morning Post) Bank will become an anchor partner in Breakthrough Energy Catalyst, an initiative within the Breakthrough Energy network founded by Gates; In December, HSBC unveiled a timeline for ending the financing of coal projects
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The initiative focuses on four critical technologies – direct air capture, clean hydrogen, long-duration energy storage and sustainable aviation fuel to support decarbonisation of high-carbon sectors. READ MORE