Caoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)
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Question 35: To ask the Minister for the Environment, Community and Local Government his plans to establish Ireland as a leading player in the global carbon market. [37551/11]

Phil Hogan (Carlow-Kilkenny, Fine Gael)
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The Programme for Government includes the objective that "Ireland will be developed as a centre of excellence in green finance and carbon management, through the creation of an enabling, co-ordinated and supportive environment."

In this regard, I refer to the comprehensive reply which An Taoiseach provided to Question No. 1 on Tuesday 22 November 2011 which, inter alia, refers to the potential for green financial services growth outlined in the new strategy for the international financial services industry in Ireland 2011-2016.