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HSBC in Partnership with Google Cloud Finances Climate Technology Firms

Published on February 13, 2024
Current Context: HSBC has partnered with Google Cloud to finance climate technology firms on 8th February 2024.
HSBC in Partnership with Google Cloud Finances Climate Technology Firms
  • Under the terms of the partnership, HSBC aims to provide financing to companies selected by Google to join its Google Cloud Ready-Sustainability programme.
  • These companies undergo a validation process.
  • The partnership has already resulted in a venture debt financing package from HSBC delivered to GCR-Sustainability-validated company LevelTen Energy.
  • This is part of HSBC’s ambition to deploy $1bn of financing to early-stage climate tech companies.
  • This initiative is a significant step towards supporting the growth of climate tech vendors and developing solutions for global climate change.


Q.1 Who has HSBC partnered with to finance climate technology firms?
a. Microsoft Azure
b. Amazon Web Services
c. Google Cloud
d. IBM Cloud
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