John Whelan: Ireland's financial sector needs a new strategy to meet the Four D challenge

Finance minister Paschal Donohoe has launched a key consultation paper, ‘Ireland for Finance Strategy 2026-2030’

Finance minister Paschal Donohoe introduced the 4D concept, saying 'deglobalisation, digitalisation, decarbonisation, and demographics' are reshaping the global economy. File picture

Finance minister Paschal Donohoe believes Ireland’s financial services industry needs a new strategy and has launched a consultation paper, ‘Ireland for Finance Strategy 2026-2030’. 

In introducing it, the minister coined a new catchphrase, the Four Ds — deglobalisation, digitalisation, decarbonisation, and demographics.