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Key Points from the Climate Action Plan 2024 and Political Insights

The Climate Action Plan 2024 (CAP24) has outlined Ireland’s progress in terms of reaching climate targets. 20 out of 33 new climate actions were completed on schedule. In the first half of the year, several high-impact actions were accomplished. These include:

  • The development of a low-cost finance scheme for home retrofits.
  • The publishing of a national electric vehicle charging strategy.
  • The development of a decarbonisation road map.
  • Revision of the shadow price of carbon.
  • The adoption of 31 local authority CAPs.
  • The development of a national adaptation framework. 

Despite the positives outlined in the CAP24, the report emphasised that the risk of failing to meet international, EU, and national emissions reduction targets is still very much apparent. Efforts must be increased to advance Ireland’s transition to a “cleaner, healthier and more resilient” future. 

Political Insights 

Taoiseach, Simon Harris, welcomed the report’s indication that Ireland must progress further in terms of climate action. Harris indicated the government’s interest in continuing engagement and collaboration with sectors, communities and households to ensure an “achievable” and “fair” transition to a greener economy. He stated that the government will continue to offer incentives, protections and support to aid adjustment to climate policies, suggesting an opportunity for the industry to become more sustainable through utilising government support. 

Tánaiste, Micheál Martin, outlined that the government is helping people develop new incomes. The biomethane strategy, particularly relevant to the agricultural industry and farmers who are interested in generating energy, will create scope for land use and multifarious income opportunities. Concerning the forestry industry, a 1.3-billion-euro investment in a new forestry programme will break ground in terms of afforestation. 

Roderic O’Gorman, Minister for Children, Equality, Disability, Integration and Youth, discussed the government’s concern with reducing travel emissions. According to O’Gorman, the expansion of public transport and transport-led development is central to achieving this. Furthermore, an efficient public transport system is crucial for people to access essential amenities and services. Increased investment in public transport can generate economic growth subsequently supporting a strong economy and workforce. 

Moreover, O’Gorman indicated that the delivery of offshore wind projects is imperative to achieving Ireland’s climate goals. CAPs are a crucial monitoring mechanism for the delivery and improvement of such projects. Offshore wind farms enhance Ireland’s competitive appeal as they provide renewable energy, act as a cheaper source of energy for businesses, generate job opportunities and contribute to the country’s overall sustainability ratings. 

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