GUERNSEY GREEN FUND
The Guernsey Green Fund designation is the first of its kind in the world and is awarded to a fund which meets strict eligibility criteria of green investing.
Green Fund Status
The Guernsey Green Fund designation is the first of its kind in the world and is awarded to a fund which meets strict eligibility criteria of green investing and has the objective of a Net Positive Outcome on the Planet’s Environment.
In order to be designated as a Guernsey Green Fund, the fund must comply with the Guernsey Green Fund Rules, and in particular, with one of the green criteria endorsed by the Commission as standards to be adopted by a Guernsey Green Fund.
Green Fund Rules
The Fund will comply with The Climate Bonds Initiative Green Bonds Methodology – Exclusion Policy. Accordingly, The Fund will not invest in the following:
Climate Change
The Fund will be complying with the Common Principles for Climate Mitigation Finance Tracking.
These principles were developed by the joint finance group of multilateral development banks and provide a flexible framework for entities to adopt and provide a comprehensive understanding of what encompasses climate change mitigation.
At least 75% of The Fund’s assets by value will be invested as such.
