Ireland goes for zero emissions

UN Climate Change News
25 Feb 2018

The Government of Ireland has announced it will invest €22 billion to transition the country to a low carbon and climate resilient society, aiming at almost zero emissions by middle of the century.

According to the country’s National Development Plan, the funds are to be primarily deployed to reduce carbon emissions from transport, agriculture and the energy sector, along with flood defenses.

“While Ireland clearly faces a very significant task in reducing its greenhouse gas emissions, the current profile of which reflects the particular structure of our economy, action can be taken now to position Ireland to harness significant benefits from realising a low-carbon economy,” the report says.

“These include, for example, the creation of sustainable green jobs, sustainable food production, deepening our energy security, and making the environment healthier.”

The plan includes the creation of a new climate action fund with a promised initial investment of €100 million and an annual income of €50 million.

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