Oireachtas Joint and Select Committees

Wednesday, 14 November 2018

Joint Oireachtas Committee on Climate Action

Third Report of the Citizens' Assembly: Discussion (Resumed)

1:59 pm

Ms Patricia Coleman:

To support what Mr. Watt has said, analysis is being done on how much the national development plan will help us achieve our targets for 2030. This will feed into the development of the national climate and energy plan. It is important to remember the national development plan is a financial plan. It supports the national planning framework. This is why, as Mr. Watt said, the Project Ireland 2040 board is an oversight group that is bringing the two strands together. When it comes to public investment under the plan, every element of spend will be assessed using the public spending code and the appraisal. The new provisions on the price of carbon will be captured. We will get a better understanding of the climate impact of investment and the cost of carbon will be priced accurately.