Ms Imelda Hurley:

No. There is a five-year deployment period. We are in the very early stages of that. The focus is very much on ensuring the right, long-term capital is attracted, with reasonable expectations of returns. That is very much where this is at.

Let me deal with the question on the changes to state aid rules. Coillte had not been in a position to get grants and premiums. We do not know the outcome or determination in this regard. Back in 2019, when we were investigating how Coillte would play its part in meeting the climate action targets for afforestation, the submission was made to the EU, but Coillte is just one of very many players in terms of what happens in the EU. Therefore, there was no certainty of outcome or timing. Given the scale of the challenge ahead, we were very much in the space of trying to move forward and take the initial steps of the many required for Coillte to pay its part and ultimately enable afforestation across Ireland. Having dealt with that point, I will pass over to Mr. Carlin.