HSBC commits Rs 125 cr to green causes, energy transition projects in India over next five years

Foreign lender HSBC on Friday committed Rs 125 crore over the next five years to support green causes like wetland conservation and energy transition projects in India.

The lender said in a statement that the measures are is being taken as part of its efforts to limit the impact of climate change.

Under the commitment, it has divided the works into two broad themes, including energy transition and nature-based solutions.

The nature-based solutions will include projects to protect and revitalise wetlands, mangroves and forests, landscape restoration and promote sustainable agriculture, it said.