Ms Bernadette Phelan:

In terms of the next phase of our low-carbon pledge, we want to start talking about transition plans. It is about transition planning in a company context.

I also think that this is where we have to go with the local authorities from a local development perspective because, again, we are unfortunately in a situation where we are going to have to manage risks that cannot now be changed.

There are some good examples out there but we need to build up a lot of expertise. It is back to sectors sharing experiences and learning, even between public and private actors, on what is working and what is not. That is what is needed. We are at the starting slopes of moving to that.