The Government has launched Ireland's Climate and Environmental Finance Report 2022.

The report which shows that Ireland provided €120.8 million in climate finance to developing countries in 2022, an increase of 21 per cent from 2021.

Annually produced by the Department of Foreign Affairs, the report describes the levels, channels and focus of funding provided by the Irish Government to support climate action and environmental protection in developing countries.

Launching the report, the Tánaiste stated:

"Last year was the hottest ever on record. The wildfires, droughts and flash flooding that affected millions across the world have brought home the brutal realities of climate change. Countries and communities who have done the least to bring about this crisis are the ones hit hardest by its impacts.

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"Climate finance is crucial in the fight against climate change. Irish Aid and our partners are helping the most vulnerable to build resilience and to adapt. We remain on track for reaching our target of providing at least €225 million in climate finance to developing countries per year by 2025."

Aligned with Ireland's climate finance agenda, 80 per cent of the funding is allocated towards initiatives aiding developing nations in adapting to the repercussions of climate change.

Minister of State for International Development and Diaspora, Sean Fleming said:

"Ireland recognises the urgency to respond to the climate crisis and address the impact it is having globally. People in some of the poorest countries in the world are suffering disproportionately. Ireland’s climate finance has more than doubled since 2015 and will grow further in the years ahead. This report demonstrates our commitment to reaching the furthest behind first and to channelling support to those most at risk of being left behind as a result of the climate crisis."