Oireachtas Joint and Select Committees

Tuesday, 15 July 2025

Select Committee on Fisheries and Maritime Affairs

Estimates for Public Services 2025
Vote 29 - Climate, Energy and the Environment (Revised)
Vote 30 - Agriculture, Food and the Marine (Revised)

2:00 am

Photo of Timmy DooleyTimmy Dooley (Clare, Fianna Fail)

That is correct. The Brexit adjustment reserve fund is included in that line item, D3, under programme D. This year it is €38 million, from nearly €46 million in 2024. This reflects the fact that the Brexit adjustment reserve fund is not included this year. There was some last year and previously. That money was provided to the sector to address the fallout from the loss of quota as a result of the Brexit deal. We had the conversation before as to how that has moved on. From our resources, we have increased funding to Bord Iascaigh Mhara from €34 million to €47 million, an increase of 36%. That is a mixture of capital and current spending. There are increased supports for capital investment in respect of a number of projects, including safety schemes, upgrade works at Castletownbere, development of a seaweed culture system and a direct fish hatchery seeding system. We have been trying to smooth the curve of the fall-off from moneys provided through the Brexit adjustment reserve. We have done reasonably well this year. Next year is another issue we have to address right now. We are engaging with the Department of public expenditure in the near term in planning for next year. I hope that provides of some guidance.

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