NTMA announces the publication of the Irish Sovereign Green Bond (ISGB) Allocation Report for 2024 and the Impact Report for 2023
6 August 2025 – The National Treasury Management Agency (NTMA) announces the publication of the Irish Sovereign Green Bond (ISGB) Allocation Report for 2024 and the Impact Report for 2023. Both are issued by the Government of Ireland.
The Allocation Report details a total of €284 million allocated to eligible green projects in 2024. Since the launch of ISGBs in 2018, a total of €11,592 million proceeds has been allocated.
The Impact Report is the sixth one issued in accordance with the ISGB Framework. It details the environmental impact measures connected with the 2023 Allocation Report and is spread across the six eligible green categories:
- Built Environment/Energy Efficiency
- Clean Transportation
- Climate Change Adaptation
- Environmentally Sustainable Management of Living Natural Resources and Land Use
- Renewable Energy
- Sustainable Water and Wastewater Management
Both reports released today have been reviewed by Sustainalytics which found them to be in compliance with the ISGB Framework.
Both reports and an excel file of the Impact Report are available on this link.
Note:
ISGBs are designed to provide investors with the financial features of standard Irish government bonds combined with sovereign green bond market practices. The proceeds from ISGBs are paid into the Central Fund in the same manner as standard government bonds and are allocated by a Working Group against Eligible Green Projects which generate a positive environmental benefit. There are €11,165 million nominal of ISGBs outstanding.