Budget 2024
Environment: Eamon Ryan hails ‘historic day’ for nature as government commits to €14bn climate fund
Up to €3.15 billion can be drawn down for large green infrastructure projects which will reduce emissions
The government’s decision to establish a €3.15 billion climate and nature fund is a “historic day” for the natural world, Eamon Ryan, the Minister for Environment, Climate and Communications, has said.
The government announced in the budget it would establish a new Investment, Climate and Nature Fund which will receive a fixed amount of €2 billion in windfall corporation taxes each year, with the aim of building it up to €14 billion in size by ...