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Climate Action Fund

Dáil Éireann Debate, Wednesday - 18 October 2023

Wednesday, 18 October 2023

Ceisteanna (74, 76)

Jennifer Whitmore

Ceist:

74. Deputy Jennifer Whitmore asked the Minister for the Environment, Climate and Communications to provide the details of the source of the revenues paid into the Climate Action Fund, on an annual basis from 2020; and if he will make a statement on the matter. [45634/23]

Amharc ar fhreagra

Jennifer Whitmore

Ceist:

76. Deputy Jennifer Whitmore asked the Minister for the Environment, Climate and Communications to provide a copy of annual accounts of the Climate Action Fund, as submitted to the Comptroller and Auditor General for audit; and if he will make a statement on the matter. [45636/23]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 74 and 76 together.

The Climate Action Fund (CAF) was established on a statutory basis, with effect from 1 August 2020, on the commencement of the National Oil Reserves Agency (Amendment) and Provision of Treasury Services Act, 2020. 

Details and the source of revenues paid into the Climate Action Fund from 2020 are set out in the following table:  

CAF Income

Sector

2020

2021

2022

2023

NORA Levy

Energy

 

€124m*

€92m

**

Energy Efficiency National Fund

Public Sector/Government

 

€20.3m

€1.2m

 

Civil Service Emissions Offsets

Public Sector/Government

 

€75k

€1k

€95K

Vote transfer for Bord na Mona Enhanced Decommissioning, Rehabilitation and Restoration Scheme

Public Sector/Government

 

€7.6m

 

 

*€28m in respect of 2020 and €96m in respect of 2021. 

**The 2023 lodgement from the NORA Levy is expected to be made to the Climate Action Fund in December 2023.

I have also attached the 2020 and 2021 Climate Action Fund financial statements. 2022 Climate Action Fund 2022 income and expenditure is set out below.

2022 Climate Action Fund Income and Expenditure

 

Income

 

National Oil Reserves Agency Levy

92,000,000

Offset of greenhouse gas emissions associated with all Government air travel

102,638

Total Income

92,102,638

Expenditure

 

Climate Action Fund Call 1 Payments

2,257,589

Bord na Móna Bog Rehabilitation Scheme

12,707,362

Community Climate Action Programme

2,317,181

Total Expenditure

17,282,132

The financial statements for 2022 have been submitted to the C&AG and will be laid before the Houses of the Oireachtas once the C&AG audit is complete.

Climate Action Fund 2020

Climate Action Fund 2021

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