Nature restoration to benefit from new fund of more than €3bn

Ireland will have upcoming biodiversity obligations from the EU after the European Commission's nature restoration law was passed in the summer.

A new fund of more than €3bn earmarked for nature restoration in Ireland has been hailed as a "landmark moment" and a "huge opportunity" by environmental groups.

Part of a new overall €14bn infrastructure, climate, and nature fund, the €3.15bn for nature alone is one of the first in the world and will come from what the Government calls "windfall" corporation tax receipts.