Mr. David Owens:

From the Department of Finance's point of view, our tools are financial services regulation, the tax system, and then overall spending limits but not detailed spending, so some of those questions would be for other Departments. The three areas mentioned by the Deputy - river catchment areas, forestry and wetlands – as I outlined in my opening statement, they are all ones where funding has gone, whether from the ISIF, green bond proceeds or recovery and resilience funding, among others. They are all in there and they are probably ones which would have suffered in the past from a cost-benefit analysis. I think there was a quote earlier about €1 giving €38 of benefit but my question would be who gets the €38 of benefit. It is probably not the landowner. Rivers just flow through land. Whoever gains the €38 of benefit has not had to pay very much to the landowner whose land the river runs through. These projects have to battle in the budget and Estimates process with everything else, but regulation is coming. It is not just the reporting and disclosures regulation on the financial services side, there is also the nature restoration regulation coming from Europe which will have a direct effect. I think those three areas the Deputy mentioned capture all of those.