Seanad debates

Wednesday, 29 May 2024

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Committee Stage

 

10:30 am

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent) | Oireachtas source

I move amendment No. 28:

In page 21, between lines 37 and 38, to insert the following:

“Report on external investment managers

29. (1) The Minister shall, within 12 months of the passing of this Act, lay a report before both Houses of the Oireachtas outlining how the use of external investment managers for the FI Fund, the ICN Fund and any other funds controlled by the Agency impacts on the State’s national divestment obligations under the Act of 2008 and the Act of 2018 and any future divestment policies the State may be mandated to pursue. (2) In this section—
“Act of 2008” means the Cluster Munitions and Anti-Personnel Mines Act 2008;

“Act of 2018” means the Fossil Fuel Divestment Act 2018.”.

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