Resilience is now a critical component of national competitiveness. For Ireland, this is not a theoretical concept; it is a strategic imperative to safeguard our energy, data, and essential services, particularly in the face of geopolitical shocks, climate change, and rapidly evolving security threats.
Why resilience matters and why Ireland is uniquely exposed
Ireland’s position as a global hub for data and technology, financial services, life sciences and advanced manufacturing is dependent on interconnected infrastructure. Our undersea data cables carry around 97 percent of the world’s communications and internet traffic, with almost €10 trillion in daily financial transactions moving through them. These links connect European and US markets, making Ireland a vital node in the global digital economy.
Gas pipelines connect us to the UK for 80 percent of our energy needs, and British interconnectors supplied 14 percent of our electricity in 2024. These assets are essential but also concentrated, meaning a single point of failure can have both a national and a global reach.
These risks are no longer hypothetical. From anchor drags damaging subsea cables, which has increased markedly in recent years since Russia’s invasion of Ukraine, to climate-driven storms like Éowyn knocking out power for days, Ireland’s vulnerability is real. Add to that a maritime area nine times our landmass, growing cyber threats, and increasing geopolitical competition, and resilience becomes essential for business continuity and investor confidence.
The FDI equation: stability as a strategic asset
Political, economic and geopolitical stability has long underpinned Ireland’s success in attracting foreign direct investment. Ireland hosts some of the world’s largest data centres, pharmaceutical companies and Research & Development (R&D) facilities that are central to the global footprint of businesses. All depend on a predictable and secure operating environment.