HSBC Australia’s banking chief says sustainable financing is going to grow rapidly as companies and countries look for new ways to fund their environmental and conservation projects.
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| New financial tools are being developed to support a boom in green and sustainable projects like renewable energy. |
"From humble beginnings, the green bond space has grown exponentially. The other really interesting development is the creation of the green loan market," Hamish Kelly, HSBC Australia’s managing director and head of global banking, told Fairfax Media.
Read the story by Cole Latimer from today’s Age - “‘Green’ and 'blue' bonds tipped to boom, HSBC head says.”
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