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 Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I do not want to labour this point but we do need to get this matter resolved. Perhaps we could do that outside of the meeting, by way of correspondence. ISIF was very clear. It said that there was €36 million in terms of the global figure and €252 million, which adds up to €288 million. That is not disputed by the Department. In regard to the €3.5 billion of pooled funds, ISIF said that €30 million would be captured by this legislation whereas the Department is suggesting that the figure is €1 billion. This must be clarified here today or clarified through correspondence to the committee.

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