Alice-Mary Higgins (Independent)
Link to this: Individually | In context | Oireachtas source

I will quickly mention two things and then I will wait for a third round.

The danger of money going the wrong way has been mentioned, that is, the danger of money going to fossil fuels companies and others that have created the crisis. They have got these huge subsidies, as mentioned, of many trillions of euro and yet it seems that a lot of new climate finance is, potentially, being routed to the same companies that are the mega polluters in order to de-risk their transition despite their massive profits. Will the witnesses comment on that de-risking piece and the loss and damage piece?

Another good example from Ireland is that Ireland's aid - I know this is not aid but climate finance - has traditionally been untied.

There is a danger of new sources of finance, either public or private, coming with tied conditionalities. In particular, I am thinking of things around access to minerals or resources or land grabs. It is important we do not see a new colonialism attached to some of the finance that comes through.