Investor Presentaiton

Climate Action Plan 2023 Pillars to tackle emissions reduction Powering renewables .9GW onshore wind, 8GW solar and at least 7GW offshore wind by 2030 ⚫ Phase out and end use of coal and peat in electric gen'tion . Green Electricity Tariff incentive people to use lower cost renewable electricity at times of high wind and solar generation Building Better . Retrofit 500,000 dwellings by 2030 . Put heat pumps into 680,000 homes by 2030 . . Generate 2.5TWh of district heating by 2030 · Improve carbon sequestration and reduce management intensity of drained soils on grasslands Transport . Reduce distance driven across all car journeys by 20% . Walking, cycling, public transport will account for 50% of journeys .1 in 3 private cars will be EV's • Increase rural bus routes and frequency Agriculture Reduce use of chemical nitrogen as fertiliser Increase organic farming to 450,000 hectares . Expand indigenous biomethane sector . Contribute to delivery of land use targets for afforestation, reduce mgmt. intensity of organic soils • Increase uptake on protected urea on farms to 90-100% Enterprise . Reduce clinker content in cement and substitute products with lower carbon content for construction materials . Reduce fossil fuel share of final consumption • Increase total share of heating to 70-75% by 2030 . Grow the circular and bioeconomy Land Use • Increase annual afforestation rates to 8,000 hectares p/a from 2023 on · Promote forest management initiatives in forests to increase carbon sinks and stores . · Improve carbon sequestration and reduce management intensity of drained soils on grasslands ⚫ Rehabilitate 77,760 hectares of peatlands Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency 47

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