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Ireland and the United Nations Development Programme (UNDP) have launched a new global Project Office for Sustainable Finance in Dublin, supported by a €7.5 million investment from the Irish Government over three years (2025–2027). This initiative firmly positions Dublin as an emerging hub for sustainable finance innovation, aligning closely with global ESG goals and carbon neutral strategy ambitions.
Announced during the World Bank/IMF Spring Meetings in Washington, D.C., the Dublin office will serve as a critical delivery platform for the UNDP’s Sustainable Finance Hub. It aims to enhance the alignment of global capital with pressing sustainability priorities, including climate action, nature preservation, and inclusive development. Over 40 countries are expected to benefit from the platform’s practical tools, policy support, and financial innovation resources.
Paschal Donohoe, Ireland’s Minister for Finance, emphasized Dublin’s growing leadership role, 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.”
The Dublin office will also host secretariats for the Financial Centres for Sustainability (FC4S) and the Sustainable Insurance Forum (SIF), strengthening global cooperation between financial institutions and sustainability initiatives.
Achim Steiner, UNDP Administrator, highlighted that “finance is one of the most powerful tools we have to tackle climate change, nature loss, and inequality,” and praised Ireland’s vision for global sustainable finance leadership.
The Project Office will drive the development of nature-related investment instruments, transition finance tools, gender-responsive financing, and digital platforms to accelerate sustainability goals. It will also provide strategic input to key global forums such as the G20, APEC, and UN climate negotiations, reinforcing ESG advancement and supporting global carbon neutral strategies.
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