May 17, 2022 03:29 PM (GMT+8) · EqualOcean
HSBC today announced the launch of the first Dawan district sustainable development credit fund in the market, providing us $5 billion (about 33.9 billion yuan) financing support for enterprises in the region to promote low-carbon emission reduction in the next 18 months, and helping to implement the "double carbon" goal in Dawan district. This newly launched special credit fund implements HSBC's sustainable development strategy and commitment, and will focus on supporting the development of green industries such as new energy and the low-carbon transformation of traditional industries in the region. Through financial solutions such as green loans and green trade financing, as well as exclusive approval channels, ESG consulting and training and other services, it will provide support for Dawan enterprises to achieve low-carbon emission reduction targets.