Ciarán Ahern (Dublin South West, Labour)
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26. To ask the Minister for Foreign Affairs and Trade for an update on Ireland’s contribution to international climate finance post-2025; if Ireland’s commitment to achieving €225 million in contributions annually will be met; if post-2025 targets will be updated to more accurately reflect Ireland’s fair-share contribution of around €1.5 billion by 2030; and if she will make a statement on the matter. [60500/25]

Neale Richmond (Dublin Rathdown, Fine Gael)
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The provision of climate finance to developing countries is an integral aspect of Ireland’s foreign policy, and especially our international development cooperation.

At COP26, held in Glasgow in November 2021, the Taoiseach announced that Ireland would provide at least €225 million in international climate finance to developing countries annually, by 2025. The target represents a more than doubling of our climate finance from 2020 levels.

Ireland’s International Climate Finance Roadmap (2022) sets out our strategy and priorities for this scale-up in funding. It builds on Ireland's positive record on climate finance, maintaining a focus on adaptation in some of the countries most vulnerable to climate change, particularly Least Developed Countries and Small Island Developing States. It also expands our focus in key areas including ocean protection, biodiversity, and Loss and Damage.

The Government is committed to delivering on the Roadmap and has steadily increased our annual international climate-related expenditure. In 2023, the last year for which complete, verified data are available, Ireland provided €159.2 million in international climate finance. We are fully on track to reach the €225 million target this year, 2025.

An external review of the 2022 Climate Finance Roadmap is being completed in 2025, and it will be used to inform climate finance expenditure in the period 2026-2030.