Ossian Smyth (Dún Laoghaire, Green Party) | Oireachtas source

It is a question of the extent to which we target the funding. Should we target the funding towards those who need it most or should we make it more universal, spreading it more thinly among a larger number of countries? Clearly, somebody has to draw a line at some point and decide which countries are developing countries and which are countries that require finance. Ireland's financing for loss and damage has historically been primarily grant based. It has been channelled through numerous bilateral and civil society mechanisms as well as through multilateral funds such as the Green Climate Fund and the Global Environment Facility. I do not believe that will change in the future. It is primarily a grant-based system and it is likely to remain that way.

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