Ireland has committed €7.5 million over three years to establish a UNDP Project Office for Sustainable Finance in Dublin, aiming to align global financial systems with climate and development goals.
Announced during the World Bank/IMF Spring Meetings, this office will serve as a delivery platform for the UNDP’s Sustainable Finance Hub. It will support over 40 countries by providing practical tools and policy guidance to integrate sustainability into financial systems. The office will also host the secretariats of two key initiatives: the Financial Centres for Sustainability (FC4S) and the Sustainable Insurance Forum (SIF) .
Minister for Finance Paschal Donohoe emphasized Ireland’s ambition to be at the forefront of shaping global sustainable finance, stating, “Aligning public and private finance to deliver real impact is essential. I’m confident that Dublin can become a vital hub for innovation in this space—connecting financial expertise with the world’s sustainability priorities” .
UNDP Administrator Achim Steiner highlighted the power of finance in addressing global challenges, noting, “Finance is one of the most powerful tools we have to tackle climate change, nature loss, and inequality. With Ireland’s leadership and vision, UNDP is creating a global platform that connects financial centres, regulators, and markets with the needs of people and planet” .
This initiative underscores Ireland’s growing leadership in sustainable finance, building upon its robust financial services sector and national strategies like Ireland for Finance. The collaboration between the Irish Government, UNDP, and various stakeholders reflects a shared commitment to advancing the Sustainable Development Goals and fostering a sustainable global economy.
For more information, visit the UNDP Sustainable Finance Hub.
UNDP Symbol by atachcommunity
