Oireachtas Joint and Select Committees
Tuesday, 15 October 2024
Joint Oireachtas Committee on Climate Action
Update on the Public Sector Climate Action Mandate: Discussion
11:00 am
Mr. Declan Meally:
Again, looking at net zero was our calculation, but that is only looking at the consideration in terms how we might get and decarbonise the funding. It could be a higher cost to get to net zero across the full public building stock. That is why we need a full analysis of the building stock and to work with each of the five portfolio owners to see what their estimates are. This is just at the top level but it is an indication of the scale of funding. As I said, €9 billion was the figure presented to the Department of public expenditure in its report a number of years ago.
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