Oireachtas Joint and Select Committees

Tuesday, 16 November 2021

Joint Oireachtas Committee on Climate Action

Carbon Budgets and Climate Action Plan: Engagement with Minister for the Environment, Climate and Communications

Photo of Eamon RyanEamon Ryan (Dublin Bay South, Green Party) | Oireachtas source

I would mention the European Investment Bank, EIB, also. Not only were we talking about lending for public buildings, but they were also very interested in lending for areas such as forestry and biodiversity services. That is one of the developments coming out of COP26. In the technical details around Article 6 which were approved, the ability to trade and finance such investments will be significant and some of those provisions in the agreement in Glasgow will help the EIB to lend to us for things such as forestry and nature-based services.

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