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Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)

Denis Naughten: ...70,000 MW of offshore renewable electricity. This is enough capacity to not only meet Ireland's long-term needs but those of France and Austria. It is a massive resource off our coast but we need to tap into it. The projections are that by 2037, offshore wind development could employ 5,400 people in the Atlantic region, with a financial dividend of €4.2 billion. We need to see...

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)

Gerald Nash: ...the decision on the €3.15 billion? Why was this figure decided before we knew what the review of the outdated 2018 adaptation plan, which is what it is based on, has to say? Why has the Government decided that the fund cannot be tapped until 2026 when the urgent demand for additional investment in mitigation measures is now? Ireland and the world simply cannot wait until 2026....

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