Seanad debates

Tuesday, 4 December 2018

Annual National Transition Statement on Climate Action and Low Carbon Development: Statements

 

2:30 pm

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

That is a matter for the House. From the perspective of the Department of Finance, last month Ireland launched its first sovereign green bond. That was a really welcome development. It was a €4 billion bond, which was oversubscribed, raised by the National Treasury Management Agency, NTMA, to put into projects that will be sustainable and green energy-led. These will be the future. That is something we cannot ignore.

I also want to take up the point on hedgerows. The people in charge of the countryside are landowners, of which I am one. Nobody looks after the land and the environment better than the farming sector. We cannot ignore the amount of hedgerows being planted through GLAS and the number of trees being planted by the farming sector. I know people just want to ignore that and the perception is-----

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