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Why companies are exploring the green finance market in Ireland

Green finance is the practice of funding projects that are tied to sustainability objectives. Many financial institutions around the world are turning their attention to green finance, including those who manage clients investments like BlackRock and traditional banks such as AIB. Ireland is focused on growing the state of green finance in the country. Ireland is playing a key and growing role in green finance a term referring to funding for projects that have a sustainable outcome with a mix of home-grown services and overseas investors exploring the Emerald Isle as a base for their green strategies.  Political leaders and businesses around the world are now focusing on climate change and Ireland is no exception, with the Government announcing in October it s committing to net-zero carbon emissions by 2050. In terms of power, the country wants 70% of electricity production to come from renewables by 2030 – currently wind and solar power make up 35% of Ireland s elect

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