Explore Guernsey’s strategic vision for harnessing private finance to drive the global transition to net zero. This landmark report offers a comprehensive roadmap for financial services firms, across the investment and funds, insurance and private wealth industries, outlining how Guernsey’s specialist finance sector can play a pivotal role in achieving a fair, inclusive, and effective decarbonisation of the global economy.
The report identifies the critical importance of private capital in meeting the goals of the Paris Agreement, especially as public finance alone cannot bridge the investment gap. It highlights the need for financial institutions to move beyond divestment and instead actively support the transformation of high-emitting sectors through transition finance, turning ‘brown’ activities into ‘green’ ones.
Spanning the next three decades, the roadmap provides sector-specific guidance for insurance, investment management, trusts and companies, private banking, and pensions. It outlines key opportunities for innovation, risks to be mitigated, and practical steps organisations can take to align their strategies with net zero objectives.
Guernsey’s strengths as a nimble, well-regulated international finance centre are emphasised throughout. The report projects that Guernsey’s green investment sector could grow from £4.5 billion to £56 billion by 2040, if it continues to lead in product development and sustainability-focused services. This includes expanding offerings like green funds, nature-positive investments, and ESG-aligned structures.
This piece is helpful reading for financial professionals, policymakers, and investors seeking to understand how Guernsey is positioning itself at the forefront of sustainable finance. It provides not only strategic insights but also a call to action for the industry to collaborate, innovate, and lead the way toward a net zero future.
