Factsheet for case IE-2021-16/1954 – measures in Ireland
|Country||Ireland , applies nationwide|
|Time period||Temporary, 15 April 2021 – 31 August 2021|
|Type||Other initiatives or policies|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Roisin Farelly (IRN Publishing) and Eurofound|
|Case created||11 July 2021 (updated 14 July 2021)|
In April 2021, the Government launched the Climate Enterprise Action Fund. The Fund will be administered by Enterprise Ireland and will help businesses take action to drive down their emissions and embed sustainability in how they work.
Launching the scheme, Tánaiste Leo Varadkar T.D. said: "The road to recovery after the pandemic must be a sustainable one. We must break the link between economic prosperity and fossil fuels and fully embrace the transition to a low-carbon economy. The enterprise sector accounts for just over 13% of the economy’s total emissions so all businesses will have a part to play in achieving the 7% per year, on average, emissions reduction that the Government has committed to over the next decade.”
The scheme involved three types of funding:
It is intended to fund:
Too early to assess.
|Does not apply to workers||Applies to all businesses||Does not apply to citizens|
Public support service providers
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Role||No involvement||No involvement|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
Eurofound (2021), New climate fund for business adaptation, case IE-2021-16/1954 (measures in Ireland), COVID-19 EU PolicyWatch, Dublin, http://eurofound.link/covid19eupolicywatch
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process. All information is preliminary and subject to change.