HSBC, Temasek in partnership to tackle climate change

HSBC Holdings plc (HSBC) and Temasek today entered into a partnership to establish a debt financing platform dedicated to sustainable infrastructure projects with an initial focus on Southeast Asia, as part of efforts to reduce climate change. HSBC and Temasek will invest up to a combined US$150 million of equity to fund loans, working alongside the platform’s strategic partners in the initial phase.

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