Four Guernsey practitioners in funds and private
wealth discuss the island's role in green and sustainable
finance, including its structuring, service and
products.
What progress is being made in green and sustainable finance in
Guernsey and more broadly?
Frances Watson, Partner at law firm Mourant: It's been
five years since Paris (COP 21) and sometimes you can think: what
have we achieved? But actually I think what we can all say
we've achieved is that investment and products in this space
have become mainstream.
Annette Alexander, Partner at law firm Carey Olsen: The
Guernsey Green Fund, a Guernsey innovation and the world's
first green fund product, has channeled an enormous amount of
private wealth into the green space and into sustainable
investments. It is a robust, transparent product in a number of
ways - 75% of the fund must be invested with the objective of
mitigating environmental damage and the other 25% must do no harm.
The investment must
