Climate Change Advisory Council Ireland’s Post

The most effective way that the next incoming government could slash emissions and boost renewables production is to get out of its own way. New changes to planning law will not speed up the deployment of onshore wind and solar unless there is a strong statement of policy in support of REDIII (the latest iteration of the renewable energy directive) that establishes a legal presumption in favour of renewables.

Why should Ireland #StopBurningStuff? Cos' we burn €1+m/hr in imported fossil fuels (Marie Donnelly) and will pay €3-8Bn (Paschal Donohue) to €20Bn (FAC) per annum by 2030 in 'statistical transfers'. As we sit (on our hands) on top of Europe's largest wind resource.

The budget is intended to sustain the economic growth, scale up climate change mitigation efforts, and fund crucial investments in agriculture, private sector development, youth employment, energy, ICT, transport, and financial development in #Rwanda. https://buff.ly/3Vg5BoX

TEM welcomes the Government’s Budget announcements aimed at strengthening Australia's decarbonisation efforts as part of the global energy transition and path to net zero to help fight climate change. This includes the boost to the Australian Carbon Credit Unit (ACCU) scheme ($48m), including: ➡️ money to roll out ACCU scheme reforms previously announced as part of the Chubb Review to further boost the scheme the Review found was sound. The reforms include mechanisms for regular review of the scheme, and measures to increase transparency of projects and ACCU market activity ➡️ establishing a new integrity oversight committee to roll out new proponent-led method development process and improve transparency ➡️ creating more opportunities for First Nations participation in the ACCU market. More details are still to come from the Government. Find out more about how TEM can help your business achieve its decarbonisation goals and make a real difference to climate change, people and the planet via financing high-quality carbon offsetting projects: https://lnkd.in/gqbr6KN You can read the Budget here: https://lnkd.in/gUAfYVp2 #ACCUs #carbonmarket #Budget #decarbonisation #carboncredits #carbonoffsetting

Our Annual report on the implementation of the EU budget in 2023 is out! The report is part of our European Court of Auditors ongoing commitment to ensuring that the EU taxpayers’ funds are used efficiently and effectively to advance the EU's key objectives, including economic convergence, competitiveness, the single market, agriculture, and sustainable growth. The key finding, and a concerning trend in recent years, is the rising error rate in the EU budget expenditure. In 2023, it was material at 5.6 %, compared to 4.2 % in 2022, thus we issue an adverse opinion. Cohesion spending is especially affected by error - 9,3%, the highest since I am at the Court. I share more details on the most critical findings in the report in this video. The link to the report itself is here https://lnkd.in/emeFYxEk

The results are in! 📊 After gathering your insights on Budget 2025, it's clear that the key priorities for growth are Infrastructure Development, reduced tax slabs, Education & Skill Development, Rural job creation & Environmental regulations. As we gear up for the upcoming budget, it’s exciting to see how these expectations align with broader economic trends. What do you think? How can policymakers best address these challenges? Let’s keep the conversation going! #ICRA #Budget25withICRA #Budget2025 #EconomicGrowth #PolicyMatters #IndiaGrowth

📢 Ireland’s 2025 Budget Unveils Broad Economic Measures! 🇮🇪 The Irish Government has introduced a comprehensive set of initiatives aimed at boosting various sectors and supporting economic growth. Thanks, Rory Williams, for this interesting article! 🔗 https://lnkd.in/ekVJe3x7 #IrelandBudget2025 #TaxUpdates #EconomicGrowth #FYInternational #FinancialPlanning #BusinessInsights #GlobalBusiness

It was a real pleasure to participate in the panel “Size, spending and sources: the how-tos of the next EU budget” with Riccardo Barbieri Hermitte, Pascal Saint-Amans, Heleen Uijt de Haag, chaired by Zsolt Darvas at the Bruegel - Improving economic policy Annual Meetings 2024 this week.   During my intervention, I discussed four key principles based on lessons learned from the past 5 years: ·      A policy-based budget – we need to focus the EU budget on our priorities ·      Simplification – we need to simplify access for beneficiaries, cut timelines, provide more certainty ·      Be more impactful – we need to maximise the impact of the EU budget by leveraging national, private & institutional financing ·      Be flexible – we need to be able to address new challenges as they emerge – this is THE lesson of the past 5 years   And of course, to develop a future-proof EU budget, we must modernise the revenue side of the EU budget.   Thanks again for an excellent discussion!

💼 In case you missed it, on Wednesday we shared our analysis of the Government's first Autumn Budget. The analysis examines the key impacts of the Chancellor's plans on the property sector. We’ve focused on seven crucial themes, including: 💼 Finance and tax 🏠 Housing 🏗️ Planning 🔬 Life sciences 🏥 Healthcare 🌆 Regeneration and devolution 🌍 Net zero and clean energy ➡️ Check out the full analysis here: https://lnkd.in/en-TwM4N

European Parliament is adopting its reading of 2025 EU budget. The Committee on Budgets (BUDG) voted to reverse all of the reductions the Council has made to the Commission's draft and proposes considerable increases in the 2025 budget for Parliament's priorities: investments tailored to improving people's lives, and boosting the Union's competitiveness and sustainability. It would set 2025 commitments at almost €201 billion and payments at €153.5 billion, with special instruments. It proposes to finance the NGEU borrowing costs without cutting into expenditure on flagship programmes. See my EPRS analysis: