HSBC commits $1bn in green investments

HSBC has pledged to commit $1 billion (£0.64bn) on green projects. The bank will invest in “high quality liquid assets” in the form of green, social and sustainability bonds. They will be used to fund renewable and energy efficiency projects as well as clean transportation and climate change adaptation. Spencer Lake, Global Head of Capital Financing […]

Armenia gets $10m for energy efficiency

A London-based bank is providing a $10 million (£7.3m) loan to help boost the green energy sector in Armenia. The funds will allow HSBC Armenia to lend companies that wish to invest in their equipment, machinery or other assets aimed at achieving overall energy efficiency and reductions of more than 20% of their energy usage. […]

Big businesses form green UK finance company

A group of businesses have formed a collective to work with government to help finance the Green Deal. The Green Deal Finance Consortium will provide finance to all Green Deal Providers by accessing the cheapest sources of finance in the market at the highest possible credit rating. The Department of Energy and Climate Change say […]

UK and India in low carbon business alliance

A coalition of top business leaders from the UK and India led by Sir Stuart Rose and Rajan Bharti Mittal have today urged closer trade ties on low carbon technologies. And the call has been endorsed by David Cameron and Energy Minister Greg Barker. A report from the UK-India Business Leaders Climate Group, which was […]