The capital investment priorities will represent a major change in Ireland’s delivery of climate-action objectives. This will provide a big reduction in carbon emissions during the period to 2030.
Investment priorities will include:
Among the major infrastructural projects over the next 10 years will be the North-South and Celtic interconnectors, the conversion of Moneypoint to electricity and continued development of gas infrastructure to support regional and rural development.
A €500m Climate Action Fund will bring further investment by public and private bodies, with a strong focus on the transport sector. There will also be further investment in flood relief schemes to minimise the impact of river and coastal flooding.
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