Infrastructure, Climate and Nature Fund

The Infrastructure, Climate and Nature Fund's purpose is to support State expenditure (i) where there is a significant deterioration in the economic or fiscal position of the State, and (ii) in the years 2026 to 2030, on designated environmental projects.

Interim Investment Strategy

Under Section 16(1) of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Act 2024, the NTMA is required to determine, monitor and keep under review an investment strategy for the assets of the Infrastructure, Climate and Nature Fund (ICNF) and to act in accordance with that strategy. Pending the approval and implementation of the long-term investment strategy (following consultation with the Minister for Finance and the Minister for Public Expenditure, National Development Plan Delivery and Reform), an interim investment strategy is required to enable the NTMA to perform its function of holding and investing the ICNF assets during that interim period, which is expected to be in place for less than twelve months. The Interim Investment Strategy for the Infrastructure, Climate and Nature Fund is available at the following location:

Interim Investment Strategy

Frequently Asked Questions

The Infrastructure, Climate and Nature Fund was formally established on July 30th 2024. The Infrastructure, Climate and Nature Fund has two key objectives: to finance investment associated with delivering on Ireland’s climate and nature goals, and to provide for countercyclical capital expenditure in the event of an economic or fiscal downturn. Frequently Asked Questions (FAQs) on the Infrastructure, Climate and Nature Fund are available at the following location:

Infrastructure, Climate and Nature Fund - FAQs