Tag: We Are Guernsey

Every company and every industry will be “transformed by the transition to net-zero”, delegates heard at the third and final core day of 2022 Guernsey Sustainable Finance Week, which focused on carbon markets and pricing.
Keynote speaker James Close, Head of Climate Change at NatWest Group, said that “every aspect will change,” but it would be for the benefit of the planet.
He added that there was integrity for companies in underpinning carbon credits by reducing emissions, rather than purely offsetting the carbon that businesses produce.

The opening day of WE ARE GUERNSEY’s Sustainable Finance Week saw the launch of two significant initiatives, highlighting the finance centre’s leading positing in sustainable finance. First, a report published by Guernsey Finance in conjunction with Baringa Partners – Private Finance and its Role in the Transition to Net Zero – sets out a roadmap to net zero for the finance industry.
Secondly, The Guernsey Financial Services Commission’s launched the world-first Natural Capital Fund regime.

Pace and scale is the key to the success of the energy transition to net zero, delegates heard at the second core day of Guernsey Sustainable Finance Week.
Peter Bachmann, Managing Director of Sustainable Infrastructure at Gresham House, speaking on the first panel session of the afternoon focusing on what the energy transition really means for financial market participants, said that demonstrating success quickly was key to bringing in more mature pools of capital.
When asked by panel moderator Josephine Bush, Sustainable Finance Strategic Advisor at Guernsey Finance, about how the world can accelerate to a net-zero future, he said: “The best thing we can do is show our initiatives work.

A new report commissioned by Guernsey Finance, in association with Baringa Partners, identifies the vital role that the financial services industry can play in achieving a just transition to a net zero future.
The research highlights the opportunities that exist for various financial services industry sectors and  outlines a potential roadmap highlighting key steps spanning the next three decades, translating strategy into action, to accelerate the transition towards decarbonisation of the economy.
While there has been significant attention paid to the role of public finance, until recently there has been less attention on the critical part private finance can and must play if the goals of the Paris Agreement – to limit global warming to below two degrees a preferably to 1.

A new report commissioned by Guernsey Finance, in association with Baringa Partners, identifies the vital role that the financial services industry can play in achieving a just transition to a net zero future.
The research highlights the opportunities that exist for various financial services industry sectors and  outlines a potential roadmap highlighting key steps spanning the next three decades, translating strategy into action, to accelerate the transition towards decarbonisation of the economy.
While there has been significant attention paid to the role of public finance, until recently there has been less attention on the critical part private finance can and must play if the goals of the Paris Agreement – to limit global warming to below two degrees a preferably to 1.