It's going to be focusing on peat rehabilitation.
Born na Mona's suspension of peat harvesting marks the end of the road for the peat industry in the midlands.
That's according to Offaly councillor Eamon Dooley, after a meeting of the company's board this morning.
In response, the Department of Climate Action and Environment says it will prioritise peat rehabilitation, with a scheme to be finalised and announced in the coming weeks.
Minister Richard Bruton says the government has provided €36 million to the midlands to ensure workers are supported during the transition to more sustainable jobs.
But Fianna Fáil's Eamon Dooley has doubts about the funding: