Guernsey is looking to position itself as the go to jurisdiction for green financial services with a focus on green investment.

The Guernsey Financial Services Commission (GFSC) is poised to launch a new regulatory initiative known as the Guernsey Green Fund.

Compliance with green criteria will be required and it will be open to all types of funds. The Commission expects to issue a consultation paper next month launch the Green Fund initiative by the middle of the year.

Guernsey Finance acting director of strategy, Dr Andy Sloan, said that the ambition was to develop the broadest and best range of product with a gre...