Oireachtas Joint and Select Committees

Wednesday, 9 October 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Engagement with the Central Bank of Ireland

1:30 pm

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent) | Oireachtas source

When we consider the sustainability of risk with regard to debt sustainability, risk is core to that. When we look at debt sustainability, is it the view that there is a need for an assessment of climate risk and potentially looking to the area of preventative spending, namely, the need to spend now in order to avoid significant cost that may be of damage to the Exchequer down the line as a result of climate issues not being addressed? Mr. Makhlouf touched on that. Where does that fit into the risk analysis the State should be doing when thinking about debt sustainability?

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