EU Flags major gaps in Ireland’s 2030 climate strategy

In May 2025, the European Commission delivered a stark assessment of Ireland’s National Energy and Climate Plan (NECP), highlighting a significant shortfall in the country’s projected emissions reductions. The NECP anticipates a 25.4% reduction by 2030, falling well below the legally binding target of 42% under the EU’s effort-sharing regulation.

The Commission’s critique extends beyond the emissions gap, pointing to a lack of clarity on funding mechanisms for the necessary €119–€125 billion investment outlined in the plan. This absence of a detailed financing strategy raises concerns about the feasibility of achieving the proposed climate objectives.

This evaluation signals potential regulatory tightening and increased scrutiny. Properties with poor energy performance may face increased pressure to undergo efficiency upgrades, which can impact asset valuations and investment decisions.

Implications for commercial real estate

The European Commission’s latest assessment is a reminder of how quickly expectations are shifting. Climate strategies that once felt ambitious are now considered baseline. And across commercial real estate, there’s growing pressure—not just to set goals, but to show progress.

In this environment, understanding how assets perform becomes more than a reporting exercise. It’s the foundation for resilience, credibility, and future value. Aligning with regulatory targets is part of the picture. But increasingly, it’s the ability to demonstrate efficiency and impact that sets portfolios apart.

That starts with visibility. The clearer you are on how your portfolio operates today, the more confidently you can navigate what’s next.