Climate Solutions Partnership
We partnered with World Resources Institute (WRI) and WWF from 2020 to 2025 to help unlock barriers to commercial financing for climate and energy projects, and nature-based solutions. Our philanthropic contribution of USD 100 million went towards guiding policy advancement, mobilizing commercial financing, supporting innovation and engaging diverse stakeholders across Asia, Europe, the Middle East and Latin America.
The Partnership’s impact
Watch the film below to see how we’ve worked with our partners and communities to scale up climate solutions.
By harnessing the combined expertise and networks of HSBC, WWF and WRI, the CSP has developed and implemented solutions that seek to address pressing environmental challenges.
We enabled inspiring projects across renewable energy, farming, textiles and apparel, and sustainable supply chains guided by the partnership’s 3 strategic focus areas:
- A net-zero Asia: accelerating the transition to renewable energy and energy efficiency
- Investing in nature’s resilience: scaling nature-based solutions for climate and communities
- Amplifying impact through knowledge sharing
These initiatives have not only delivered measurable outcomes but also provided valuable insights and lessons that can inform future projects.
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USD 635.4<p>million total finance unlocked</p>
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13 million<p>hectares of biodiversity maintained or improved</p>
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1,069sustainable enterprises financed or supported654companies engaged in their decarbonisation efforts
Although the initial five-year phase has concluded, the CSP’s work is far from over. Several initiatives will continue beyond this core effort, with the aim of achieving systemic change. For a complete summary of the key outcomes and impact of the CSP, please visit our partners’ websites to read the Showcase Report on WRI (opens in new window) and WWF (opens in new window).
More on our net zero ambition
Climate Solutions Partnership - Malaysia
Duration: 00:03:23
Speakers:
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Devika Rajamanickam
Country Head of Corporate Sustainability, HSBC Malaysia
LinkedIn (opens in new window) -
Faizal Parish
Director of Global Environmental Centre
LinkedIn (opens in new window) -
Seedhu Raman
Sahabat Hutan Gambut Selangor Utara (SHGSU) Member -
Nordin bin Bardan
SHGSU Nursery Director
[Seedhu]
I monitor and patrol the Raja Musa Forest Reserve.
Many years ago, wildfires were occurring frequently.
[Text on screen]
Seedhu Raman
SHGSU Member
[Seedhu]
After we came and started monitoring wildfires have reduced.
[Faizal]
There were outsiders that came in and they cleared and drained the land. Even though it was designated as a forest reserve about 40 years ago, it was a very bad situation.
[Text on screen]
Faizal Parish
Director of Global Environmental Centre
[Faizal]
There were no trees, where we're standing now was totally bare, was just grass, and every year it was burning 2 or 3 times.
[Text on screen]
Restoring Peat Swamp Forest
Raja Musa Forest Reserve Selangor, Malaysia
[Faizal]
This is the largest contiguous peat swamp forest in Peninsular Malaysia.
It's a very important site for forest conservation, for carbon sequestration and storage, and many other benefits.
[Text on screen]
The Climate Solutions Partnership has helped to fund the Raja Musa peat swamp forest restoration programme
[Devika]
The key focus of the Climate Solution programme is to promote community ownership and the rehabilitation works.
[Text on screen]
Devika Rajamanickam
Country Head of Corporate Sustainability, HSBC Malaysia
[Faizal]
We first had to restore back the control of the area, and then we restored the water level, and then we initiated the fire patrol and fire prevention programme.
And that also because we raised the water level, that the forest was much less likely to burn.
[Seedhu]
We take the water level on a daily basis.
By doing this we know how high the water level is - below ground.
For the fire risk, if the water level is high, it will be shown low.
[Nordin]
The primary purpose of this seedling site is to provide trees for planting in peatland areas.
[Text on screen]
Nordin bin Bardan
SHGSU Nursery Director
[Nordin]
Reforestation is vital for peatland areas to stabilise the soil conditions to their original state.
There's a special peatland-friendly community here.
All these seedling sites will supply trees to be planted in the field.
When the sales yield some profit, the community gain finances from selling these seedlings.
[Devika]
It has been a successful programme thus far.
We have seen zero fire in Raja Musa forest for the last five years, and we have improved livelihoods for the people around here.
The community itself, where they have gotten a lot of green jobs.
[Faizal]
You need to be looking 30, 50 years into the future.
Expanding the work, the geographic focus or area, and using the model that we've developed through the HSBC project to expand that to other part of the landscape.
[Seedhu]
By doing this work we are able to protect the surrounding forests and people are also safe.
We feel proud about it.
[Text on screen]
World Resources Institute | Perhutanan | HSBC | Global Environment Centre
Climate Solutions Partnership
© HSBC Group 2026
Conserving peat swamp forests
We’ve connected with communities and organisations in Malaysia to help reduce fire risk to peat forests and build local enterprise.
Content last updated: 27 August 2026

