Guernsey has registered a Guernsey-domiciled agribusiness fund
as the world's first regulated green fund.
The Cibus Fund, launched last year, becomes the first fund to be
awarded the Guernsey Green Fund regulatory "kitemark" by
the island's regulator, the Guernsey Financial Services
Commission, following the launch of the Guernsey Green Fund rules
in July this year.
"This landmark places Guernsey well and truly at the
forefront of the development of green finance," said Dr Andy
Sloan, speaking from Shanghai where he was representing Guernsey as
the head of financial sector strategy development for the island at
the AGM of the United Nations' International Network of
Financial Centres for Sustainability (UN FC4S).
