Oireachtas Joint and Select Committees

Wednesday, 22 November 2023

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

General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion

Mr. Oliver Gilvarry:

We have looked at a number of funds. In the Norwegian scenario, about 20% of that country's budget is funded out of the returns on the fund. Alaska is another example where the dividends are paid out. They are examples of jurisdictions which have taken the income coming through.