Dáil Éireann Debate, Monday - 11 September 2023
193. Deputy Matt Carthy asked the Minister for the Environment, Climate and Communications the amount allocated to climate finance in each of the years 2020 to date, in tabular form; and if he will make a statement on the matter. [39278/23]
Amharc ar fhreagraInternational climate action, including climate finance, is a key priority for the Irish Government. My Department, alongside the Department of Foreign Affairs, the Department of Finance and the Department of Agriculture, Food and the Marine are committed to providing accurate and transparent reporting on all funding allocated to climate finance each year. Each Department annually reports these figures to the European Union and the Organisation for Economic Cooperation and Development (OECD). In addition, the Department of Foreign Affairs compiles an annual narrative report entitled Ireland’s Climate and Environmental Finance Report in which further detail on each Department's spend is provided alongside explanations of how climate finance to developing countries is calculated.
Where finance is channelled through multilateral organisations, my Department follows the OECD methodology for calculating the climate-specific percentage of each contribution. This involves applying an Imputed Multilateral Share to each contribution to determine the percentage of funding which directly seeks to support mitigation and adaptation actions to address climate change. This has been determined as the most accurate method for calculating multilateral climate finance to date.
The amount of climate finance provided by my Department in 2020 and 2021 is outlined below. The final figure for the amount allocated to climate finance in 2022 is still being calculated.
|
Year |
Amount provided by DECC |
Total provided by Ireland |
|
2020 |
€ 6,787,941 |
€ 88,341,096 |
|
2021 |
€ 17,517,172 |
€ 99,618,603 |
Figures for 2022 and 2023 are not yet available. 2020 and 2021 figures have been taken from Ireland’s Climate and Environmental Finance Report 2021 and 2020 respectively.
