Written answers

Wednesday, 16 February 2022

Department of Communications, Climate Action and Environment

Departmental Expenditure

Photo of Bríd SmithBríd Smith (Dublin South Central, People Before Profit Alliance)
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59. To ask the Minister for Communications, Climate Action and Environment the amount of the projected funding of €1 billion per year to the energy efficiency home-retro fitting programmes to 2030 that will come from central Exchequer funding or funds from the application of the carbon tax or any other source; and if a breakdown of the projected funding streams can be provided. [8635/22]

Photo of Eamon RyanEamon Ryan (Dublin Bay South, Green Party)
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The Programme for Government and the Climate Action Plan set ambitious targets to retrofit 500,000 homes to a Building Energy Rating of B2 (or cost optimal equivalent), and to install 400,000 heat pumps to replace existing heating systems by 2030. The review of the National Development Plan (NDP) resulted in an unprecedented financial commitment to support achievement of the Government’s retrofit targets. A total of €8 billion of Exchequer funding (including €5 billion in carbon tax revenues) will be available to support residential upgrades to 2030.

The planned annual allocations for Residential Retrofitting as outlined in the Climate Action Plan 2021 are set out in the table below with adjustments to the 2022 figure reflecting the recent Government decision on specific supports to aid the delivery of Ireland's National Retrofit Programme.

Year 2022 2023 2024 2025 2026 2027 2028 2029 2030
Planned Allocation (€m) 267 291 380 469 641 898 1,257 1,760 2,000

In addition, the Department has been successful in its application for a further €111.7m for the Better Energy Warmer Homes Scheme to be included in the draft European Regional Development Fund (ERDF) Co-funded programme 2021-2027. The draft programme is currently being reviewed by the Regional Assemblies.

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