Oireachtas Joint and Select Committees

Wednesday, 1 May 2024

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Committee Stage

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Yes, we are mirroring the provisions in the ISIF legislation in terms of the text referring to ESG, but it is not intended to be an exhaustive consideration of ESG risks. That will be considered by the NTMA, having regard to the legislation, and then it will devise an investment strategy that will come to the Minister.

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