HSBC invests $54 billion in green finance just left the Net-Zero Banking Alliance and then "changes face"?

HSBC has just withdrawn from the Climate Alliance, but it is stepping up its efforts in sustainable finance. The bank recently disclosed that it facilitated $54.1 billion in sustainable financing in the first half of 2025, a 19% increase from the previous year, bringing its total green financial amount to $447.7 billion since 2020, gradually approaching its goal of $750 billion to $1 trillion by 2030. The growth in this business, which includes green loans, underwriting, and investment services, indicates that the demand for climate-related capital has not waned.