How Can Guernsey's New Green Principles Support Private Equity Funds?

Kevin Smith, Director, reflects on the introduction of a set of green principles that provide straightforward guidance to private equity practitioners operating on the island.

This article was first featured in Guernsey Press on 12/06/20. 

Guernsey has long been Europe's leading centre for servicing the private equity (PE) industry but in recent years, it has also established itself at the forefront of green finance initiatives, epitomised by the introduction of the Guernsey Green Fund product in 2018 - the world's first regulated green fund product. To this end, Guernsey has now introduced a set of best practice green principles for PE practitioners, reinforcing the island's commitment to both PE and the fight against climate change.