Jersey Finance has hired a consultant to help support its drive to become a centre of excellence for sustainable finance.
Andrew Mitchell, founder of specialist independent consultancy Equilibrium Futures, will be tasked with developing a two-year strategy that will build on existing opportunities as well as exploring new ones across the environmental, social and governance (ESG) space.
Mr Mitchell's expertise lies in advising governments, companies and the financial sector on sustainable finance and opportunities linked to climate change and the environment.
In 2019, he established Equilibrium Futures in Jersey as an independent consultancy focusing on seeking sustainable finance solutions globally.
He is also the Founder of Global Canopy, a think tank in Oxford specialising in environmental risks and supply chains, and the co-founder of the Natural Capital Finance Alliance, a body engaging banks, investors, and insurers on natural capital.
“I’m really pleased that we will be working closely with Andrew over the coming months and benefitting from his insights as we look to bring some clarity to our ambitious long-term vision for the industry and develop a bold new strategy that places sustainability at the core of what we do," Jersey Finance CEO Joe Moynihan said.
"Doing so will help support our Government’s efforts to build a better, more sustainable future for our Island as we embark on a journey of economic recovery, attract new business to Jersey and positively enhance our reputation on the global stage.”
Mr Mitchell added: "I am delighted to have been given this opportunity to help shape a robust and forward-thinking sustainable finance strategy for the Island, in collaboration with Jersey Finance.
"As a major IFC, Jersey should be in front of the wave on sustainable finance, not behind it, so this is a great opportunity to see that we get there and to set the pace for others to follow."
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