Oireachtas Joint and Select Committees
Tuesday, 7 July 2020
Special Committee on Covid-19 Response
Impact of Covid-19: Overall Fiscal and Monetary Position
Neasa Hourigan (Dublin Central, Green Party) | Oireachtas source
To pick up on the issue of green bonds, €5 billion has been raised by the Irish sovereign green bond to date. I note the framework regarding the placement of the funds raised in green projects and the external validation of the fund's green credentials. Why is that the amount being raised as a total of the fund? The last round was oversubscribed by investors and there is any number of projects, ranging from public transport and renewable energy to retrofitting, on which the funds could be spent. What determines how much of the country's borrowing comes through the Irish sovereign green bond?
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