Sustainable finance (public/private)/market mechanisms/carbon pricing

Sustainable Finance
Ireland is home to a vibrant financial services sector that has grown substantially over the last three decades, with a number of initiatives currently been pursued in relation to private finance mobilisation. In particular, sustainable finance is a horizontal priority within the Government’s strategy for the further development of the international financial services sector, ‘Ireland for Finance’, which was launched in April 2019 and which strives to make Ireland a true leader in this field. Actions delivered in 2019 include (i) engaging at the EU level on sustainable finance proposals; (ii) continuing to raise awareness of the responsible investment agenda; (iii) engaging in international collaboration to mobilise global financial centres in support of the sustainability agenda; (iv and (vii) co-hosting the European Climate Finance Innovation Summit.
International collaboration is achieved through Ireland’s membership of the UN Environment Centres for Sustainability (FC4S) international network, with Ireland also hosting the European node of FC4S. Furthermore, the Irish Department of Finance has worked to progress private sector mobilisation through initiatives such as the introduction of Ireland’s first Sovereign Green Bonds and the listing in Dublin of the World Bank Global Sustainable Development Bond. It has also worked closely with industry to help the designation of the Dublin Stock Exchange as a hub for Green Bonds and other ESG-related bonds, including Blue, Social, Sustainability and Sustainability-linked Bonds.

Prev Back to News & Events Next

Countries

How We Collected Data from Countries & Regions

Messages from
Non-state Stakeholders