Dáil Éireann Debate, Monday - 11 September 2023
132. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications if he will provide a list of the projects that have received funding from the Climate Action Fund in 2022 and to date in 2023; the amount of funding awarded to each; and if he will make a statement on the matter. [38289/23]
View answer134. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications the amount currently in the Climate Action Fund; and if he will make a statement on the matter. [38306/23]
View answerI propose to take Questions Nos. 132 and 134 together.
The Climate Action Fund (CAF) was established under section 37B of the National Oil Reserves Agency (Amendment) and Provision of Central Treasury Services Act 2020 (the Act). The purpose of the CAF is to provide financial support to projects which will help Ireland achieve its climate and energy targets. The CAF will provide at least €500 million in Government funding up to 2027 towards this objective. It will allow for the development of innovative initiatives which, without this support, may not otherwise be possible to accomplish. My Department is responsible for the Fund's implementation.
The balance in the CAF as on 25th August 2023 is €202,256,978.45
The following projects have received funding in the amounts specified from the CAF in 2022 and so far in 2023
|
|
Amount Received 2022 |
Amount Received to date 2023 |
|
Irish Rail Hybrid Drive |
€320,160 |
0 |
|
South Dublin County Council – Tallaght District Heating Scheme |
€1,202,715 |
€1,930,600.17 |
|
ESB e-Cars |
€541,889 |
0 |
|
South East Energy Agency -Driving HGV Efficiency Into Brexit |
€192,825.36 |
€207,658.08 |
|
Bord na Móna Bog Rehabilitation Scheme* |
€12,707,362.33 |
€13,939,896 |
|
Creative Climate Action Programme |
€1,000,000 |
0 |
|
Community Climate Action Programme Strand 2 Projects |
€1,105,018.91 |
|
|
Community Climate Action Programme Strand 2 Pobal fee |
€212,162 |
€143,384.53 |
*Initially, funding was secured from the Climate Action Fund to the value of €108 million. However, this will be reimbursed from the EU Recovery and Resilience Facility on completion of agreed milestones.
Overall current commitments to the CAF amount to €413,293,842, to date €43,730,517 has been paid from the CAF, leaving €369,563,324 outstanding current commitments.
