State investment fund Isif to sink bulk of cash into housing and climate change projects

The state’s investment fund has pumped almost €300 million into housing schemes, businesses and climate change projects so far this year

Isif director Eugene O’Callaghan

The state’s investment fund has pumped almost €300 million into housing schemes, businesses and climate change projects so far this year.

The Ireland Strategic Investment Fund (Isif) said the overall value of its fund had climbed by 3 per cent in the first half of 2019, helped by gains on its Irish assets and its huge global share portfolio.

More than half of the money spent by the fund so far this year ...