Oireachtas Joint and Select Committees

Tuesday, 28 March 2023

Joint Oireachtas Committee on Climate Action

Nature Restoration Law and Land Use Review: Discussion

Mr. Paul O'Brien:

That will only take into account the day-to-day running of the farm but it will not take into account the the value loss of the asset. If something goes to designation, that dramatically reduces the value of that land. It is one thing to suggest to farmers, if a scheme is made available, that they can go into that scheme but there is a problem when it comes to the value of the land. We are here to try to provide solutions, to put the hand out and build bridges but the reality is that we need to go back to our members. If they want to go on this journey voluntarily to improve biodiversity and reduce carbon, they have to be given the financial tools to make sure their income is not destroyed as a result of that. That is a situation where it is up to the State to provide the necessary confidence to farmers so they know that if they choose voluntarily to go into a scheme their income foregone will be taken into account.