To achieve its goal, the bank has tripled the money allocated for green lending to 30 billion euros ($32.7 billion) from 2024 to 2030.

AIB, one of Ireland's two largest lenders, said it is on track to exhaust its existing 10 billion euro climate action fund by the end of the year, meeting a target set when it last boosted the fund two years ago.

The Irish government set out legally binding climate targets in 2021 for key sectors of the economy to cut overall greenhouse gas emissions by 51% by 2030. It said that would require about 125 billion euros of investment, primarily from the private sector.

($1 = 0.9168 euros)

(Reporting by Padraic Halpin; Editing by David Goodman)