Ireland to establish international centre for sustainable finance
Monday, 11 October 2021
Ireland to establish international centre for sustainable finance in partnership with UN-convened network
Launched today during Climate Finance Week Ireland by Minister for Finance Mr. Paschal Donohoe, a new international Sustainable Finance Centre of Excellence is to be established in Ireland next year and financial workforce skills and training in sustainable finance are to be prioritised, as two key actions identified in a new Sustainable Finance Roadmap.
Commenting today, Minister for Finance Paschal Donohoe said the roadmap was a priority Action Measure under the Ireland for Finance Action Plan 2021, demonstrating sustainable finance’s increasing prominence as a priority for Ireland and an essential tool in addressing the climate crisis.
He added: “This roadmap sets out targeted measures with a view to Ireland being a leading sustainable finance centre by 2025.The challenges facing us from climate change are stark. Governments and international financial institutions are scaling up investment planning to finance the activities and technologies we need to achieve our net zero targets.
“The creation of an International Sustainable Finance Centre of Excellence is central to this plan, and it fits into our broader climate action goals. All stakeholders, public and private, must play a part to deliver on our common ambitious but achievable targets.”