Dáil Éireann Debate, Thursday - 21 September 2023
125. Deputy Thomas Pringle asked the Tánaiste and Minister for Foreign Affairs the amount of money spent on climate finance commitments in each year from 2018 to date, in tabular form; and if he will make a statement on the matter. [40877/23]
View answerInternational climate finance is a priority for the Government and for Ireland’s foreign policy. The Government is working to implement Ireland’s International Climate Finance Roadmap (2022) which commits to providing at least €225 million per year in international climate finance by 2025. This target was announced by the then Taoiseach, Micheál Martin, at COP 26 held in Glasgow in November 2021. The Roadmap reasserts Ireland’s commitment to support some of the most vulnerable developing countries in adapting to the impacts of climate change and building longer term climate resilience.
The Government reports Ireland's climate finance expenditure on an annual basis under the provisions of the EU Governance Regulation, in line with the reporting requirements of the UN Framework Convention on Climate Change and with reporting guidance provided by the Organisation for Economic Cooperation and Development. The Department of Foreign Affairs produces an annual climate finance report, which provides information on the sources of finance, the thematic and geographic focus of funding and the channels through which funding is provided. These reports are available on the Irish Aid website. Over the past decade, Ireland has steadily increased its international climate finance. Between 2016 and 2021, it has grown by 40%.
The table provided below indicates Ireland’s international climate finance from 2018 to 2021.
|
Year |
Ireland’s total Climate Finance |
|
2018 |
€79,730,051 |
|
2019 |
€93,684,608 |
|
2020 |
€ 88,341,096 |
|
2021 |
€99,618,603 |
The figures for Ireland’s climate finance for 2022 will be published later in 2023.
Ireland’s international climate finance is provided by four Government Departments: Foreign Affairs; Environment, Climate and Communications; Finance; and Agriculture, Food and the Marine. Climate finance provided by the Department of Foreign Affairs is sourced from Official Development Assistance, under Vote 27, and targets climate-related activities in vulnerable developing countries.
