HSBC gives $100m to combat global climate change
The HSBC Group announced recently a 5-year US$ 100 million HSBC Climate programme partnering with four environmental organisations to inspire action by individuals, businesses and governments worldwide and engaging its staff to improve the climate change impacts for people, forests, water and cities.The HSBC climate partnership will help some of the world's great cities -- Hong Kong, London, Mumbai, New York and Shanghai -- respond to the challenge of climate change and create 'climate champions' worldwide who will undertake field research and bring back valuable knowledge and experience to their communities, says a press release. The partnership will also conduct the largest ever field experiment on the world's forests to measure carbon and the effects of climate change and help protect some of the world's major rivers -- including the Amazon, Ganges, Thames, and Yangtze -- from the impacts of climate change, benefiting the 450 million people who rely on them. The HSBC Climate Partnership builds upon 'Investing in Nature', the Group's previous US$50 million, five-year eco-partnerships which concluded in 2006.
|
|
