Oireachtas Joint and Select Committees

Tuesday, 25 October 2022

Joint Oireachtas Committee on Climate Action

COP27: Discussion

Mr. Simon Murtagh:

The Deputy asked a good question about the Danish funding. Denmark has divided its funding into four parts. As the Deputy mentioned, some of it is going to a big insurance global fund but the rest is being applied much more directly which allows for much more accountability. For example, direct bilateral funding and funding of civil society organisations in west Africa where Denmark sees a crisis and does not want wait for the finance facility to be established before devoting that money to those crisis points. That should allow for accountability in the immediate sense.

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