Oireachtas Joint and Select Committees

Wednesday, 24 May 2023

Committee on Budgetary Oversight

Sovereign Wealth Funds: Discussion

Photo of Brian LeddinBrian Leddin (Limerick City, Green Party) | Oireachtas source

This is me being a bit political but colleagues across the House might agree that the climate challenge is great but is also over-arching and that you might say that climate is the criteria and within that, it could be grid development, transport infrastructure or nature restoration, although I do not know if any country is actually doing that. It might make sense that this is what we start to think about in the Oireachtas and the rules we might set. Many of these projects that are very climate and sustainability-related are long term and are things that are often difficult to do because they are long term and do not necessarily deliver a political dividend in the electoral cycle we have.

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