Oireachtas Joint and Select Committees

Tuesday, 24 October 2023

Joint Oireachtas Committee on Climate Action

Citizens Assembly Report on Biodiversity Loss: Discussion (Resumed)

Mr. David Owens:

We also have a national biodiversity plan and Exchequer funding going towards it. There is all that limb as well. Regarding all our sources of green funding, including the carbon tax, the green bond and EU funding, it is not enough to say the State is going to pay the money back; we also have to report against where it is going. Therefore, the transparency that applies to the private sector through the reporting requirements, the CSRD etc., is coming to us as well.

It is driving behavioural change. It is partly supply and partly demand but it is clear that it is there. The direction of travel is very clear.