The Guernsey Financial Services Commission has registered the first Guernsey fund to qualify for two parts of the island’s Sustainable Funds Regime. The solar energy fund is the second fund designated as a Natural Capital Fund and the first that already holds Guernsey Green Fund status, creating a dual designation within Guernsey’s sustainability framework. The Natural Capital Fund regime applies to investment schemes that make a positive contribution to the natural world or significantly reduce harm to nature. The newly registered fund invests in and manages solar energy infrastructure that generates clean electricity while also seeking to benefit nature. The Guernsey Green Fund designation, which has about GBP 4.5 billion in assets under management, is intended to give investors access to transparent green investment products aligned with internationally agreed objectives on mitigating environmental damage and climate change. Both designations sit within Guernsey’s broader Sustainable Funds framework, which is designed to offer funds a suite of sustainability labels based on international standards.