Dáil Éireann Debate, Tuesday - 29 April 2025
201. Deputy Eoin Hayes asked the Tánaiste and Minister for Foreign Affairs and Trade his views on the public and private financial resources required and available to support his Department’s plans to meet Ireland’s climate targets by 2030; and if he will make a statement on the matter. [19097/25]
View answerThe Department of Foreign Affairs and Trade does not have a direct role in meeting Ireland's domestic 2030 climate targets. However, the Department provides international climate finance to developing countries, to help them to meet international climate targets.
In November 2021, the Taoiseach announced that Ireland would provide at least €225 million in climate finance per year to developing countries by 2025. The target represents a more than doubling of our climate finance from 2020 levels.
Ireland’s International Climate Finance Roadmap, published in 2022, sets out our strategy and priorities for this scale-up in funding. It builds on Ireland's positive record on climate finance, with a focus on adaptation in some of the countries most vulnerable to climate change, particularly Least Developed Countries and Small Island Developing States.
The Government is committed to delivering on the Roadmap and we have steadily increased our climate-related expenditure so that we are on track to reach the €225 million target this year. Ireland provided €159.2 million in international climate finance in 2023 with estimated expenditure for 2024 in the region of €190 million.
