Oireachtas Joint and Select Committees
Wednesday, 1 December 2021
Select Committee on Communications, Climate Action and Environment
Estimates for Public Services 2021
Environment, Climate and Communications - Vote 29 (Supplementary)
Ossian Smyth (Dún Laoghaire, Green Party)
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That is to transfer €10 million from savings under the national broadband plan to increase the climate financing allocation from €5 million to €15 million in 2021. This arises from a commitment made by the Minister, Deputy Ryan, at COP26 in Glasgow to increase the contribution from Ireland by €10 million a year. It is in the budget for next year but we wanted to do it this year as well, so by using that transfer we can make the payment in 2021 as well. The increase will help Ireland to reach an overall target of €250 million in climate finance by 2025, which is our target.