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 the planet’s natural environment for future generations.
As a responsible global citizen, it is Guernsey’s intention to contribute its expertise and experience as an international finance centre to the fulfilment of these goals.
Green finance comprises the financing of projects that prevent, reduce or eliminate degradation of the environment or preserve the stock of natural resources. We will look to become the go-to jurisdiction for green finance by building upon the experience and expertise of the jurisdiction:
Asset stewardship
Expertise of the fiduciary sector
Asset servicing
Expertise of the investment fund sector
Alternative risk management
Expertise of the insurance sector
Our intention is to rapidly develop a comprehensive Green Finance product set across capital and insurance markets:
In July 2018, the Guernsey Financial Services Commission (GFSC) released the world’s first regulated green investment fund product.
Rather than prescribing its own standards, the Guernsey Green Fund rules use standards developed by development financial institutions to assess an investment's green credentials.
By providing a trusted and transparent product that contributes to the internationally-agreed objectives of COP21, the United National Climate Change Conference, the Guernsey Green Fund will increase investors access to green investments.
Guernsey’s ambition
Guernsey was named within Z/Yen’s inaugural Global Green Finance Index as an ‘emerging global contender’. It is our ambition to fulfil that promise and to become the leading small international finance centre for Green Finance.
We will maintain a supportive environment for existing firms and businesses to develop and market green financial services. We will also welcome with open arms new entrants to the green financial services market here in Guernsey.
To learn more, please read our Strategy Statement and FAQs below.
