HSBC UK has announced philanthropic partnerships with Imperial College London (Imperial), the University of Birmingham (UoB) and National Trust to deliver innovation and nature-based solutions to tackle the climate crisis.
The UK-focused initiatives form part of HSBC’s global Climate Solutions Partnership with World Resources Institute and WWF announced, which aims to unlock barriers to finance for companies and projects that tackle climate change to bring them to scale while also delivering for people and nature. The global initiative is backed by $100m of philanthropic funding from HSBC over five years.
Ian Stuart, Chief Executive HSBC UK said: “A challenge as significant as climate change can only be tackled in collaboration, with innovation and nature-based solutions both playing a key part in accelerating the UK’s transition to net zero.
“We are excited to welcome Imperial College London, the University of Birmingham and National Trust to the global Climate Solutions Partnership, bringing together our combined knowledge, insight and international network to help climate solutions break through systemic barriers and to scale-up.”