Mr. Leo Clancy:

There are a couple of elements to that. First, the Irish enterprise sector is more manufacturing based than services based, at present. I see that changing in the coming years. I mentioned Wayflyer, Flipdish and a number of our other new unicorns. I strongly believe that many of our exports in the future will be digital and services based and much of the growth will be in that space. That said, we anticipate continued growth in the manufacturing sector. All of what the Deputy has said is hugely relevant.

If one looks at this strategically, many of the goods that are shipped to any country in the world come from a very far distance away. China is one of the very large producers, at present. If one looks at where we are focusing on exporting to, we see much growth in northern Europe and the eurozone. Those will continue to be key growth locations. Our exports to those locations may compete with exports from even further away. In that context, Ireland will still be a greener choice for exports to those locations.

Coupled with that, increasingly with the climate action plan, we are a high-quality jurisdiction in terms of our adherence to laws and regulations and traceability of carbon, in particular. That will stand to us in terms of how Ireland can stand up and make the case that we certainly have an industry that is greener. Many of our clients are thinking about their supply chains in terms of scope 1, scope 2 and scope 3 emissions and are looking at plans both for offsets and reductions in carbon. It is a fair question, but in order to answer it fully, one has to look at the global context and the services and digital opportunities before us, which will grow very significantly.