Why we're working together
We’ve joined forces with HSBC and the World Resources Institute (WRI) to form the Climate Solutions Partnership.
The five-year philanthropic collaboration aims to scale-up climate innovation ventures and nature-based solutions, remove deforestation from palm oil supply chains and increase sustainable production and consumption, and help transition the energy sector towards renewables in Asia, by combining our resources, knowledge and insight.
Together, with a network of local partners, we will help climate solutions scale into commercial reality with real-world impact, aiding us in our fight to stop the loss of nature and setting it on the road to recovery.
What we are doing
The global initiative is powered by $100m of philanthropic funding from HSBC, allocated to local partners around the world across four global themes over five years: climate-related innovation, nature-based solutions, sustainable palm oil practices, and energy efficiency initiatives in Asia. We see these areas as having potential for significant impact in our mission to achieve a net-zero, resilient and sustainable future.
Programme outcomes and learning
This report brings together what has been delivered through the Climate Solutions Partnership over the past five years, and the insights gained from our work with HSBC and WRI.
It covers a wide range of initiatives, from scaling climate Nature-based Solutions, to improving sustainability and transparency in palm oil supply chains, and supporting the transition to renewable energy in Asia.
While the initial phase of the partnership is now concluding, some initiatives will continue, and the learning from this work will help inform future efforts.
Areas of work
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© Luis Barreto / WWF-UKEnvironmental Crimes Financial Toolkit (ECFT)
The Environmental Crimes Financial Toolkit is being developed by WWF and Themis, supported by the Climate Solutions Partnership, a collaboration between HSBC, World Resources Institute and WWF.
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© ScotlandBigPicture.com/ WWF-UKNature-based Solutions (NbS)
We’re backing projects that help protect and restore biodiversity, tackle climate change and enhance human wellbeing, and we’re demonstrating how nature-based solutions can be deployed at scale and be highly attractive to investors.
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© WWF-US/Des SyafrizaAsia Sustainable Palm Oil Links (ASPOL)
Palm oil contributes substantially to many local and national economies, especially in southeast Asia, yet it can also drive the destruction of nature. We aim to help remove deforestation from palm oil supply chains and increase sustainable production and consumption of RSPO certified sustainable palm oil in Asia.
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© Adam OswellEnergy Transition in Asia
Asia accounts for almost half of global energy demand. A successful energy transition from fossil fuels to renewables in this region is therefore critical to tackling climate change. Our projects in China, India, Indonesia and Vietnam will help shift the energy sector towards renewables, and scale efficiency initiatives in key sectors such as healthcare, textiles and apparel.
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