Ossian Smyth (Dún Laoghaire, Green Party)
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The Senator is right to say the amount of money IFFPG has is the total amount of levies paid in by producers. For the 5% that did not come back, those levies are still in the account.

That money is unclaimed. It is unlikely we will reach 100% recycling. That is not the target IFFPG is operating to. When we look at other waste streams in society, we are not achieving 100% anywhere else. For example, we get over 80% in glass recycling, but above 90% and 95% are very high numbers for recycling. Ideally, we would recover 100% of plastic but we are not seeing all of it recovered.

Does the Senator want me to go on to the financial viability of the company and the €3 million reserve?