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Ireland and the United Nations Development Programme (UNDP) have officially launched a new global Project Office for Sustainable Finance in Dublin, backed by a €7.5 million commitment from the Irish…
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UNDP Launches Global Sustainable Finance Project Office in Dublin with €7.5M from Irish Government – ESG News
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UNDP Launches Global Sustainable Finance Project Office in Dublin with €7.5M from Irish Government
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UNDP Launches Global Sustainable Finance Project Office in Dublin with €7.5M from Irish Government
by ESG News
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April 25, 2025
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€7.5M investment over three years positions Dublin as a global center for sustainable finance innovation.
New UNDP Project Office will drive financial alignment with climate, nature, and sustainable development goals.
Over 40 countries to benefit from practical tools and policy support through the Dublin-based platform
Ireland and the United Nations Development Programme (UNDP) have officially launched a new global Project Office for Sustainable Finance in Dublin, backed by a €7.5 million commitment from the Irish Government over three years (2025–2027).
Announced at the World Bank/IMF Spring Meetings in Washington, D.C., the office will act as a delivery platform for the UNDP’s Sustainable Finance Hub, enhancing the alignment of global capital with sustainability priorities—including climate action, nature preservation, and inclusive growth.
“This new UNDP Project Office reflects Ireland’s ambition to be at the heart of shaping global sustainable finance,” said Paschal Donohoe, T.D., Ireland’s Minister for Finance. “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.”
Paschal Donohoe, T.D., Ireland’s Minister for Finance
The Dublin office marks the UNDP’s first permanent presence in Ireland. It will host the secretariats of two key initiatives—the Financial Centres for Sustainability (FC4S) and the Sustainable Insurance Forum (SIF).
RELATED ARTICLE: EU Platform on Sustainable Finance Proposes New Voluntary Standard to Boost SME Access to Sustainable Finance
Achim Steiner, UNDP Administrator, stated: “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.”
Achim Steiner, UNDP Administrator
The new hub aims to accelerate the development of cutting-edge financial solutions, including nature-related investment tools, transition finance, gender-responsive finance, and digital platforms. It will also provide strategic input to global initiatives such as the G20, APEC, FfD4, and the UN climate negotiations.
Hosting this Project Office underscores Ireland’s growing leadership in sustainable finance, underpinned by its robust financial services sector and national strategies like Ireland for Finance. The move reflects deep collaboration between the Irish Government, UNDP, and stakeholders across both public and private sectors.
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Achim Steiner
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