Private sector funding, particularly from banks like ASB, plays a crucial role in accelerating decarbonisation efforts. While established organizations have access to sustainable finance and green bonds for reducing their emissions, early-stage companies face funding challenges in developing new technologies for wider decarbonisation. ASB Bank has recognized this gap and launched the Clean Tech Fund to support such companies in New Zealand. Clean Tech, an umbrella term for technology that reduces carbon emissions and enhances natural resource utilization, has vast potential in various sectors like energy, manufacturing, transport, and agriculture. ASB's Fund aims to provide debt of up to $5 million per business to companies with technology impacting greenhouse gas emissions positively. The Fund supports areas such as renewable energy, low-carbon transport, waste reduction, carbon sequestration, and more. By partnering with companies like Hiringa Energy, ASB is fostering connections and advancing Clean Tech initiatives. Hiringa Energy, a next-generation energy company, received funding from the Fund to develop a green hydrogen refueling network, showcasing the Fund's impact in promoting sustainable technology. ASB's initiative not only supports decarbonisation but also aligns with its sustainability objectives, building long-term relationships and contributing to a greener future.