Ireland 's National Treasury Management Agency ( RTÉ ) has raised € 3bn ( $ 3.5bn ) in the world 's first sovereign green bond . The majority ( 60 % ) of investors were non - Irish , with 33 % sold to asset managers and banks , 19 % to pension and insurance investors , 8 % to central banks and institutions , and 6 % to pension funds . The NTMA will use the proceeds for environmentally friendly projects such as renewable electricity generation . He added: “Today’s transaction brings our year to date funding to over €16.5bn compared to the NTMA’s stated target of €14/€18bn. The last bond sale of the year will take place in November .
Ireland 's National Treasury Management Agency ( RTÉ ) has raised € 3bn ( $ 3.5bn ) in the world 's first sovereign green bond . The majority ( 60 % ) of investors were non - Irish , with 33 % sold to asset managers and banks , 19 % to pension and insurance investors , 8 % to central banks and institutions , and 6 % to pension funds . The NTMA will use the proceeds for environmentally friendly projects such as renewable electricity generation . The last bond sale of the year will take place in November .