Notes on climate change and the role of finance

The investment industry has a critical part to play in the global fight against climate change and other environmental threats we all face. This was the view taken by senior industry figures the annual Guernsey Funds Forum at the end of 2021 in London. All the speakers at the event were unified in their belief that ESG investing will have as important a part to play as governments and regulators when it comes to preserving the environment for future generations.

New Chair of Guernsey Green Finance Strategy Group announced

Deputy Nick Moakes has been appointed as the new Chairman of the Guernsey Green Finance Strategy Group.
Guernsey Green Finance was launched in 2018 and is Guernsey’s sustainable finance initiative. Guernsey is strongly committed to the sustainable finance agenda as a member of United Nation’s Finance Centres for Sustainability Global Network, the Network for Greening the Financial System and the UN’s Sustainable Insurance Forum.

Strength of recovery in Guernsey’s funds sector reinforced

Guernsey’s excellence as a jurisdiction of choice for funds has been recognised in the most recent Monterey Insights annual Guernsey Fund Report.
The 27th edition of the report highlighted the strength of the recovery in Guernsey’s funds sector in the Covid-19 pandemic.
Figures from the Guernsey Financial Services Commission in the second quarter of 2021 showed an increase of 20% over 12 months – an all-time high of the net asset value (NAV) of funds domiciled in the island.