Climate finance in Asia shifting beyond emission cuts to resilience and energy security, say bank execs

Climate finance in Asia shifting beyond emission cuts to resilience and energy security, say bank execs


STRONGER CASE FOR RENEWABLES

At the same time, concerns over energy security are reinforcing the business case for renewable energy, especially in Asia, which remains heavily reliant on imported fossil fuels.

HSBC’s chief sustainability officer Julian Wentzel said current geopolitical tensions have “crystallised people’s thinking” around the need to shift energy systems.



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