Banking giant, HSBC has formed a new strategic partnership with Google Cloud focused on supporting climate technology innovation. In 2022 Google Cloud launched Google Cloud Ready (GCR) - Sustainability designed to vet the validity of organisations in the climate/carbon reduction sector. Meanwhile, HSBC has made a commitment to deploy $1bn of finance to support climate technology.

The new collaboration will see the bank provide financing for companies wanting to participate in the GCR Sustainability programme.

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