Technology alone will not solve the climate problem, Minister for Finance Paschal Donohoe has warned. It will have to be combined with “the hard grind” of policy, including emissions-reducing policy, Mr Donohoe told the Dublin Climate Dialogues conference. He said the Government is committed to achieving 7 per cent emissions reductions on average per year from 2021 to 2030 and to achieving net-zero emissions by 2050. Substance“A new Climate Action Plan is being developed across all sectors of Government in order to give substance to this step up in ambition,” Mr Donohoe said. Mr Donohoe said progress on EU-level frameworks as the EU Taxonomy for sustainable activities, the Disclosures regulation and the Corporate Sustainability Reporting Directive will reinforce the EU’s drive, Mr Donohoe said.

Source: The Irish Times May 19, 2021 11:46 UTC