Thursday, 14 February 2019
Ceistanna (Atógáil) - Questions (Resumed) - Ceisteanna ar Sonraíodh Uain Dóibh (Atógáil) - Priority Questions (Resumed)
National Treasury Management Agency Bonds
I welcome that we raised €3 billion from a green bond issued in the autumn. I understand that the bond will mature in approximately 12 years and that it was sold at a yield of 1.2% or 1.3%. Nevertheless, we need to scale up the initiative considerably. Our existing national development plan will bring us only one third of the way, at most, towards our climate target for 2030. There is a signficant investment task for this country, which green bonds could help finance. I am keen to hear the Minister's plans in that regard.