Guernsey's Green Fund Rules offer a framework to
combine financial return with environmental benefit, writes Dominic
Wheatley, Chief Executive of Guernsey Finance.
Addressing climate change and global warming and attempting to
meet the requirements of the 17 United Nations' Sustainable
Development Goals has now become a global challenge.
Part of that challenge is finding the money to address these
issues. In response, the development of green finance is creating a
growing international market of sustainable investments, enabling
investors to combine financial return with environmental
benefit.
The market is growing, but it is recognised that it needs to
accelerate to meet global targets. The numbers required to meet the
UN Sustainable Development Goals, adopted by world leaders in 2015,
are huge, with an estimated $2.5 trillion annual funding gap.
