Tuesday, March 17, 2015
Ireland is Green and not just on St. Patrick's Day
Although Ireland's green economy is booming, it has not achieved the recognition it deserves. According to the The 4th edition of the Global Green Economy Index (GGEI), produced by private US-based consultancy Dual Citizen LLC, Ireland's performance exceeds its perception. The GGEI ranked 60 countries on how they are developing more environmentally friendly economies, both in terms of actual performance and expert perception of their performance.Ireland occupies the top spot on the Good Country Index which measures how much each country contributes to the planet. Ireland ranked 9th on the list of 58 countries in the Climate Change Performance Index.
In addition to being the home to some of the greenest shopping centers in the world and green schools like Queen's University Belfast, The Irish government is at the forefront of sustainable development.
Ireland is working to cap its national emissions profile and the public sector is leading by example and improving its energy efficiency by 33 percent. Hundreds of millions of dollars are being invested in energy upgrades and tens of thousands of homes and buildings are getting energy efficiency upgrades.
Ireland is working to reduce its reliance on fossil fuels by developing its abundant renewable energy resources. While they still have a ways to go they are planning for a future with far more renewable energy resources. As outlined in a 2007 government White Paper, Renewable energy constitutes a core element of the Government’s overarching energy policy. In this document they outline the importance of renewable energy in their pursuit of environmental sustainability.
As explained in the White Paper, "Renewable energy is an integral part of our climate change strategy and sustainability objectives. The additional diversity which renewables bring to Ireland’s energy demand will also make a direct contribution to our goal of ensuring secure and reliable energy supplies."
The Irish Government has enacted energy policies, initiatives and support mechanisms to steward the growth of renewable energy.
The greening of Ireland has helped the nation to achieve strong economic growth. Even though Ireland has double digit unemployment and a high debt to GDP it has the fastest growing economy in the EU. After EU leading growth of 4.8 percent in 2014, Ireland is predicted to continue to lead the Euro zone with GDP growth of 3.5 percent in 2015. This stellar performance is particularly impressive in light of predicted EU growth of between 1 and 2 percent. The French are expected to see GDP growth of only 1 percent in 2015 and Germany will only see a 1.5 percent increase in GDP this year.
Posted by Richard Matthews