Publication of EU climate reforms welcomed by business

Ibec, the group that represents Irish business, today welcomed the publication of the ‘Fit for 55’ legislative package which represents a major overhaul of the EU toolkit to address climate change. The group now looks forward to working with key stakeholders throughout the negotiations to ensure the legislation reflects Ireland’s unique issues. 

Commenting on the announcement, Ibec CEO Danny McCoy, said: “The scope of the reforms proposed today is unprecedented, with nearly every sector of society impacted in some way. While time is needed to work through the detail and full implications of the 13 proposals, the principle of reform is welcome. In a changing world, where investment, consumers, and talent follow environmental integrity, climate action makes both economic and environmental sense. 

“Through the European Green Deal and the Climate Bill, Ireland now has a real opportunity to become a global leader in sustainability. Ibec will now work with its members and key EU stakeholders to ensure the legislation reflects the unique issues of Irish business and helps deliver a cost-effective transition to carbon neutrality.”