Oireachtas Joint and Select Committees

Tuesday, 15 October 2024

Joint Oireachtas Committee on Climate Action

Update on the Public Sector Climate Action Mandate: Discussion

11:00 am

Mr. Declan Meally:

In terms of the funding, which is an estimate based on what we are seeing from the programmes, we look at what it might take us to 2050 in terms of the targets. What it might take to 2030 to even decarbonise is between €2 billion and €6 billion. There is not funding in the NDP. The challenge from the domestic point of view is we have a signal in the NDP that was €8 billion for home retrofit but there is no similar signal for the public sector. That is part of the consideration with the roadmap, that we need to identify where funding may come from. There is an indication now that there is an opportunity for the Infrastructure, Climate and Nature Fund to be a pot the public sector can pitch for. We are working on a business case based on the data we have collected through our pathfinder programme to get some funding centrally for the public sector through our Department, the Department of the Environment, Climate and Communications. That is where it is routing.

That will potentially be a good signal. That will come in during 2026 to 2030 for the Infrastructure, Climate and Nature Fund. Currently, there is not an amount in the NDP.

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