Oireachtas Joint and Select Committees

Tuesday, 27 June 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Fossil Fuel Divestment Bill 2016: Discussion

4:00 pm

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

Absolutely. We will hear from those concerned later. They will set out their mandate and objectives to increase their investment in the renewables sector. It is important to deal with that issue.

With regard to countries which have similar provisions, Mr. Bond might be best placed to answer my next question. Do other countries give a similar mandate to public investment vehicles that prevents them from investing in companies directly involved in the fossil fuels business? Are there examples where this is done well and from which we could learn?

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