Derry councillors approve funding for £15,000 study on offsetting and sequestering carbon

Maeve O'Neill.Maeve O'Neill.
Maeve O'Neill.
Derry City and Strabane Environment and Regeneration Committee have given their approval to a proposal to map the opportunity to develop a Local Carbon Offset Fund.

Derry City & Strabane District Council would work in partnership with councils in Belfast, Antrim and Newtownabbey, Mid and East Antrim, Ards and North Down, Fermanagh and Omagh and Newry, Mourne and Down.

A desktop review will look at quantifying the opportunity for establishing a regional Carbon Offset Fund that could be used to finance a pipeline of climate investments.

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These could range from investments in energy efficiency, decarbonised heating and renewable energy to habitat restoration and other nature-based solutions that enhance resilience and sequester carbon.

The total budget is £15,000 across the seven councils.

People Before Profit councillor Maeve O’Neill said: “It’s important that we do this. Local councils have a responsibility and there’s lots that can be done and it’s good we are sharing the load with other councils in terms of research.”