Oireachtas Joint and Select Committees
Wednesday, 22 November 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion
Mr. Oliver Gilvarry:
How the aim is outlined to the House and how we are drafting it is that there are criteria in 2025 for the relevant Minister. There is decision made, which Government approves, that we are not going to meet our climate targets or biodiversity targets or water quality targets. That then puts in a process regarding capital projects that will help us meet those targets. That process then will be run by the Department of Public Expenditure, National Development Plan Delivery and Reform. I will pass over to Mr. Leahy to outline how this process would work and what we are trying to achieve and then how the money is decided and allocated.