Green IFSC US roadshow to attract eco-conscious investors to Ireland

19 Mar 2013

President of Ireland’s International Financial Services Centre (IFSC) John Bruton has announced a series of events across the US, targeting asset managers, private equity and venture capitalists, and promoting Ireland as a key location for green investment.

Making the announcement in New York City, Bruton revealed the US roadshow will hit Chicago, Boston and New York in June.

The US events come as part of the public/private Green International Financial Services Centre (GIFSC) initiative to position Ireland as a centre of excellence for green finance. “I urge global investment fund managers in the area of green, clean tech and sustainability who are considering Ireland as a base or servicing centre to come along and hear about Ireland’s unique proposition as the No 1 location globally for green finance,” said Bruton.

Last year, GIFSC launched the Global Green Asset Management Network, laying the foundation of its plans to increase Ireland-based assets serviced or managed in ‘green’ funds from US$20bn today to US$200bn by 2017.

“Underpinning GIFSC’s goal to become a global leader in green asset management is Ireland’s world-class international financial services centre, one of the best business environments in the world, a wealth of natural resources, innovative green economy companies with global networks, a supportive Government and an emerging talent pool of green finance specialists,” said Mike Hayes, chairman of the Global Green Asset Management Network and a partner at KPMG. “Together these unique selling points provide all the ingredients needed to enable Ireland to emerge as the global leader in green finance.”

Green finance image via Shutterstock

Elaine Burke is the host of For Tech’s Sake, a co-production from Silicon Republic and The HeadStuff Podcast Network. She was previously the editor of Silicon Republic.