26th May 2021
Ireland has a lot of work to do to meet our 2030 targets. The Energy Charter Treaty (the Treaty) could hamper our progress even further. In 2018, Ireland was the first country in the world to divest from fossil fuels, however the Treaty will lock-in billions of euros worth of investments in oil, coal and gas. In Europe alone, the fossil infrastructure protected by the Treaty amounts to €344.6 billion – more than twice the EU annual budget. Social Justice Ireland, along with other international NGOs and civil society organisations has signed a statement asking the EU to pull out of the Treaty on environmental protection grounds.