WE ARE SUSTAINABLE

At the forefront of development of green and sustainable finance.

WHAT IS Guernsey Green Finance?

Guernsey Green Finance is the brand through which Guernsey Finance delivers on Guernsey's strategic commitment to sustainable finance.

The Sustainable Development Goals, a collection of 17 global goals set by the United Nations, are mankind’s most ambitious effort to date to secure its future on earth.

The International Panel on Climate Change estimates that around USD 2.4 trillion or roughly 2.5% of global GDP annually needs to be invested in the energy system between 2016 and 2035 to meet the 1.5 degree goal. It is therefore important for financial centres such as Guernsey to adapt to the increasing demand for green investments.

As a responsible global citizen, it is Guernsey’s intention to contribute its expertise and experience as a global finance centre to the fulfilment of these goals through the work of Guernsey Green Finance – our dedicated initiative to green and sustainable finance.

07 Jun 2021

Sustainable Finance Week

GUERNSEY GREEN FINANCE PODCAST SERIES

Get the latest developments into green and sustainable finance. Our "In Conversation With" podcast series provides international insights from leading sustainable finance professionals. Listen below or via Spotify, Apple, Castro, Google, Overcast or Pocket Casts.

 

On-demand webinar series

SFW Tuesday

The role of private capital – the big picture

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SFW Wednesday

The role of family offices

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Thurs

The role of private equity

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Guernsey Green Funds Case Studies

In October 2018, the Cibus Fund became the first to be awarded the Guernsey Green Fund regulatory ‘kitemark’ by the Guernsey Financial Services Commission. It closed at more than $320 million following its designation.

“Clearly there were a number of contributing factors, but I do think an important factor in bringing in those later funds, getting investors who were thinking about it to actually commit, was the Guernsey Green Fund designation,” said Jeremy Alun-Jones, Group Chief Operating Officer at ADM Capital.

The Cibus Fund is a private equity vehicle managed by London and Hong Kong-based fund manager ADM Capital, a manager with a track record of investing in the agribusiness sector, looking to reduce the negative impacts of agriculture on the environment. It has followed a thesis-driven approach which shows that demand for high-value food in many of the world’s fastest-growing regions exceeds regional production and processing capacity.

Private Wealth and Local Firms Case Studies

Bellerive Trust has been involved in impact investment with an agribusiness development project targeting a number of countries in Central Africa. The project takes in more than 10,000 hectares of farming land, which, aside from its agricultural potential, also benefits from the capacity to generate renewable energy from sunlight, creating multiple income streams for stakeholders. There is also the possibility for local residents to benefit from ownership.

In time, there will be scope for:

  • Commercial and residential property developments
  • Sanitation projects
  • Transportation infrastructure
  • Enhanced logistics
  • Substantial employment of local residents in sustainable trades and businesses.

The overall aims of this project are to offer a sustainable income yield, local economic growth, and enhancements for local quality of life, while reducing food imports and increasing domestic nutritional self-sufficiency. Each project is designed to be self-sustaining and replicable, subject to local awareness, involvement and compliance measures (such as planning laws). Already, we can see a vast improvement in the social, economic and environmental conditions of the nearby residents of these Central African projects which could, in turn, spur innovation and legislative clarification as the economies develop.

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