In July 2020, the European Council (Heads of State and Government of each EU Member State), adopted a historic €750 billion recovery package for Europe.
This package, NextGenerationEU, is Europe’s shared response to the severe health and economic crisis caused by COVID-19. Next Generation EU is an ambitious and common recovery package which will complement and support each country’s own national response to the crisis.
The overall objective of Ireland’s National Recovery and Resilience Plan is to contribute to a sustainable, equitable, green, and digital recovery effort, in a manner that complements and supports the Government’s broader recovery efforts.
Ireland’s Plan will do this through a set of 16 investments and 9 reform commitments, to a total value of just under €1 billion, to be supported both by grants from the Recovery and Resilience Facility and national funds.
The Plan includes three priorities:
1. Advancing the Green Transition;
2. Advancing and Expanding Digital Reforms and Transformation;
3. Social and Economic Recovery and Job Creation.
Click here for more information on the Resilience & Recovery Plan for Ireland.