Climate & Environment

Irish and Northern Irish business groups call for report into all-island energy storage policy

Policy suggestions included the creation of an investment fund to entice private money, with €125 billion needed to fund the transition to net-zero

Ibec has said an all-island approach was a ‘critical component’ to hitting climate and renewable targets. Picture: Getty

Ibec, the business representative association, has teamed up with its Northern Irish counterpart to launch an ‘all-island’ energy policy report following the restoration of the Stormont Executive.

Ibec and the Confederation of British Industry (CBI ) Northern Ireland issued a number of policy recommendations focused on a unified approach to climate action as it highlighted that a lack of coordination has been a significant barrier to energy progress.

The recommendations included the creation of a ...