Oireachtas Joint and Select Committees
Tuesday, 21 September 2021
Joint Oireachtas Committee on Climate Action
Scrutiny of EU Legislative Proposals
Mr. Frank Maughan:
Government policy on this, which is a Department of Finance policy, is that the additional amounts, rather than the total amounts, are ring-fenced into climate-related expenditure programmes, which implies the amount that is not ring-fenced goes into the Exchequer. The Departments of Finance and Public Expenditure and Reform do not identify how the remainder is allocated to expenditure programmes.