HSBC announced today the launch of a new $4 billion Sustainability and Transition Credit Facility, aimed at helping Mainland China-based companies in the clean energy and low-carbon sectors scale internationally, and support decarbonization across the value chain.

The launch of the new facility follows an announcement by the bank earlier this year that it mobilized a record $102 billion in sustainable finance and investment in 2025, putting the bank on track towards its target to facilitate between $750 billion and $1 trillion in sustainable finance and investment between 2020 and 2030.

The bank said that the new dedicated credit facility will offer financing to businesses sectors ranging from clean power and electrification of transport, to data centers and artificial intelligence, noting that China accounted for nearly half of global cleantech exports last year, and around two-thirds of global solar and battery exports.

Natalie Blyth, Global Head of Sustainable Finance and Transition at HSBC said:

“China is home to some of the world’s most dynamic low-carbon companies. These businesses are setting new benchmarks in high-end manufacturing, while playing a vital role in transforming transition ecosystems.

“As they scale internationally, they need financial partners with the global reach and expertise to support them.”

As part of its China-focused initiative, HSBC said that it will help companies to deliver clean technologies and solutions to market more efficiently by increasing credit limits for eligible companies, streamlining credit approvals and developing tailored financial solutions.