Reasons Why Guernsey's Going Green

Ahead of discussing the issue at City Week 2019 in London next week, Guernsey Finance Deputy Chief Executive, Strategy, Dr Andy Sloan, explains why Guernsey is pursuing green finance as a specialism and how the Guernsey Green Fund works.

• With the high-profile involvement of David Attenborough, Extinction Rebellion, and Greta Thunberg, there's no bigger issue in 2019 than climate change. Green finance, Guernsey Green Finance, is about financing climate change mitigation projects. It is Guernsey's contribution to global good.
• Roughly 2.5% of global GDP annually needs to be invested in the energy system up to 2034 to reduce global temperatures by 1.5C. It's always big numbers and they don't diminish as we put things off – they just get bigger. But despite the latest warnings of the International Panel on Climate Change (IPCC), many remain oblivious to the scale of the task ahead. The numbers are big, but they probably still underplay the scale of impact of the