Oireachtas Joint and Select Committees

Tuesday, 22 October 2024

Joint Oireachtas Committee on Climate Action

Engagement with Minister for the Environment, Climate and Communications on COP29

12:30 pm

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

The Minister mentioned €225 million as our share, but our share of the $100 billion has been estimated to be in excess of $400 million.

We have a situation where a loan given to a developing country is required to be repaid in full whereas the debt as regards moneys promised but not delivered - Ireland should be giving $400 million per annum as part of the original $100 billion promised - is not necessarily regarded as something that needs to be delivered on. Going into this-----

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