Retrofitting
Over half the â¬1 billion in EU funds will be devoted to climate action projects, including the first widespread national retrofitting programme. Among the initiatives planned is a new loan guarantee scheme that will provide homeowners with low-interest loans to retrofit their homes.
The plan will also include provisions for a new major public transport project outside Dublin, as well as other environmental and green business projects.
The Department of Further and Higher Education is expected to receive â¬225 million in additional funding for projects, including â¬40 million for Technological Universities and â¬70 million for research projects in area of climate action and digital infrastructure. Solas, the State training agency, will see the largest investments, much of it for training schemes related to climate action.