The Lord Mayor met with the Sustainable Finance Guernsey Council to discuss the voluntary carbon market, sustainability-linked bonds, regulatory frameworks, government policy, the insurance industry’s role in the biodiversity market, and more. 

On the opportunities for collaboration between London and Guernsey in promoting sustainable finance, the Lord Mayor praised Guernsey’s “unique strengths” in areas such as Protected Cell Companies and captive insurance. 

He said: “It’s by combining the product sets of Guernsey and the City of London that we’re going to do well”. 

The IoD Next Gen Committee meeting saw the Lord Mayor discuss how his key objectives firmly aligned with those of the next generation of leaders in Guernsey. 

Guernsey Finance Chief Executive Rupert Pleasant welcomed the Lord Mayor at Guernsey Airport. 

“It was a privilege to welcome the Lord Mayor on his first official visit to the island and to have the opportunity to introduce him to key individuals from our own financial services sector,” he said.  

“This visit further cements the excellent relationship that Guernsey enjoys with The City of London as Guernsey generates significant value for the United Kingdom economy and is a proud member of the British family,” said Rupert.” 

Chief Minister Deputy Lyndon Trott agreed it had been a pleasure to welcome the Lord Mayor of the City of London to Guernsey. 

“As an international financial services centre we have strong links with the City and provide significant value to the UK economy through the City.  Our links also help us to grow important new areas where the sector has led globally, such as sustainable finance which helps to provide financing for a wide range of sustainable initiatives worldwide.” 

Pictured (top): The Rt Hon The Lord Mayor of London Alderman Professor Michael Mainelli and Rupert Pleasant.