‘Sustainability Train’ to bring financiers to Galway


Published in Business and Leadership

June 27, 2012

Green IFSC has invited 100 to financiers and enterprise players to take the ‘Sustainability Train’ to the International Sustainability Summit in Galway.

An Taoiseach Enda Kenny TD is to open the summit, entitled ‘Enabling, Financing and Delivering Sustainable Growth’ at the Volvo Ocean Race on 5 July.

Iarnród Éireann is providing the special ‘Sustainability Train’ from Dublin to Galway for event participants.

Stephen Nolan, chair of the Global Village Green pillar and executive co-ordinator of the Green IFSC, explained: “Just looking at green energy investments alone there has been has been dramatic growth worldwide with some $263bn invested in 2011.

“This growth trend is set to continue with the global move to a low carbon economic model set to be as significant as the Industrial Revolution. Ireland has every resource needed to be at the centre of this emerging marketplace, attract finance and create jobs.”

He added that the Volvo Ocean Race, which is expected to attract some 600,000 visitors to the Galway environs and more than 1.5 billion viewers worldwide, “was an excellent platform to showcase Ireland’s credentials in the ever growing sustainability sector”.

The Cleantech Ireland report, recently launched by Ernst & Young, estimated that the cleantech sector alone has huge potential for the country and estimates it could create nearly 80,000 direct and indirect jobs through specific national schemes such as retrofitting, renewable energy and construction and boost GPD by €3.9bn by 2020

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