Written answers

Monday, 11 September 2023

Department of Finance

Departmental Data

Photo of Matt CarthyMatt Carthy (Cavan-Monaghan, Sinn Fein)
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499. To ask the Minister for Finance the amount allocated to climate finance in each of the years 2020 to date, in tabular form; and if he will make a statement on the matter. [39277/23]

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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The Department of Finance contributes to international climate finance alongside the Departments of Foreign Affairs, Environment, Climate and Communications, and Agriculture, Food and the Marine.

The table below sets out the amount of international climate finance reported by the Department for 2020 and 2021, the most recent confirmed figures.

Year Amount of Climate Finance Reported
2020 €15,482,227
2021 €18,372,095

The Department of Finance reports its international climate finance under the provisions of the EU Governance Regulation. The above figures are based on applying the OECD’s imputed multilateral share for climate finance to Ireland’s payments to the African Development Bank and Fund, the Asian Development Bank and Fund, the Asian Infrastructure Investment Bank, the Council of Europe Development Bank, and the World Bank Group.

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