New centre will help Ireland’s finance community develop green skills

The centre is being launched by Sustainable Finance Ireland with Skillnet Ireland, the Department of Finance and the UN Development Programme.

The finance community in Ireland will be able to avail of a centre for green skills, which is expected to be fully operational by early 2023.

The International Sustainable Finance Centre of Excellence was announced today (17 October) to mark the first day of Climate Finance Week Ireland.

The centre will aim to deliver the skills necessary for the financial services community to finance a net-zero future.

It will support the finance community’s research, talent development and leadership activities, helping it to transition to a net zero economy in Ireland, as well as internationally.

The centre is being launched by Sustainable Finance Ireland in partnership with Skillnet Ireland, the Department of Finance and the United Nations Development Programme.

It will play a critical role in delivering the Sustainable Finance Roadmap, which was developed by Sustainable Finance Ireland. It will also assist in the delivery of the ‘Ireland for Finance Strategy 2025,’ which aims to position Ireland as a global centre of sustainable finance by 2025.

Industry partners are also on board to support the centre, including AIB, Bank of Ireland, Deloitte, Eirgrid, FD, Goodbody, IDA Ireland, Irish Life Investment Managers, KPMG, Maples Group, Mazars, PTSB, PwC and TD Securities.

“This centre will work with customers, colleagues and communities to support their transition to a resilient, net zero economy by 2050. The collaboration that has developed the centre is key. Those partnerships will support the sector’s future talent development needs and inspire new people to enter this relatively new area of work,” said Minister for Further and Higher Education, Research, Innovation and Science Simon Harris.

Last week, another Irish green skills project was announced by Maynooth University. The university’s business school developed the €2.5m education project to support the EU’s transition to renewable energy.

Called RES4CITY, the Horizon Europe-funded project aims to address the skills gap that is slowing the EU’s green transition.

An international research team will work together to design a suite of micro-credential programmes both STEM and non-STEM graduates, as well as professionals wishing to reskill.

The project will mostly focus on urban contexts, as much of the EU population is concentrated in cities.

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