HSBC

The WWF-HSBC partnership aims to reduce deforestation in Asia by working across the palm oil value chain to help tackle nature loss and support climate action. To accelerate progress, the partnership will also focus on solutions to help the financial sector manage nature-related risks and opportunities more effectively.

Philanthropic partnerships like this can play an important role in addressing barriers to climate action, while nature restoration and the sustainable transformation of food and land use systems are key to reaching net zero by 2050.

WWF’s in-depth knowledge of deforestation and land conversion challenges in Asia, combined with HSBC’s strong business presence positions the partnership to drive impact. By concentrating efforts on Asia, we hope to address the region’s substantial investment needs and help unlock its significant potential for emission reductions and carbon removals within the food, forests, and land use sector.