Oireachtas Joint and Select Committees

Wednesday, 5 December 2018

Joint Oireachtas Committee on Climate Action

Third Report of the Citizens' Assembly: Discussion (Resumed)

2:00 pm

Photo of Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

The green bond raised €3 billion. I cannot remember the coupon but it was a very keen rate; I am sure we can get the figure for the Deputy. I do not know the projects for which it is being deployed but I know it was oversubscribed by several multiples. There is a market for raising funds for green bonds. The challenge in respect of some of the more difficult investments to fund will be to find funding vehicles that can avail of green bonds and other appetite in the sector. We will have to think a little bit outside the box. In the case of farming, which we were just talking about, we might look at the role of co-ops. There are other players we may need to enlist to be able to facilitate-----

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