Guernsey has launched a world-first regulated green fund
product.
The move is part of Guernsey's plans to become the
'go-to' international finance centre for green finance, and
the Guernsey Green Fund has the objective of seeking a return for
investors while mitigating environmental damage.
Andy Sloan, Acting Director of Strategy at Guernsey Finance,
said: "Guernsey has already been highlighted as an
'emerging global contender' in the inaugural Green Global
Finance Centres index, launched by the think tank Z/Yen. This move
puts us at the forefront of green finance development, and
particularly the emerging area of green funds. Guernsey's
reputation in the sector and the breadth of our funds offering
positions us perfectly."
