Climate & Environment

Improved living standards will reverse unless green transition achieved – Ifac chair

Michael McMahon said Ireland should be ‘less obsessed’ with economic growth and that living standards, health and the environment should be valued

Michael McMahon, Ifac chair: ‘If our health suffers all these benefits that we’ve been seeing over the past 15 years, living longer and healthier lives, start to reverse.’

The gains made by improving living standards in Ireland in recent years will be reversed without long-terming policy planning for the green transition, according to the chairman of the budgetary watchdog.

Michael McMahon, the chair at Irish Fiscal Advisory Council (Ifac), also said that Ireland should be “less obsessed” by economic growth, and that living standards, health and the environment should be valued more highly.

He was speaking at the body’s annual path for the ...