To mitigate the economic and social impact of the coronavirus pandemic and make European economies and societies more sustainable, resilient, and better prepared for the challenges and opportunities of the green and digital transitions.
The Facility will make loans and grants available to support reforms and investments undertaken by Member States.
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 reforms and investments to be supported by the Plan will comprise the following three priorities:
- Priority 1: Advancing the Green Transition
- Priority 2: Accelerating and Expanding Digital Reforms and Transformation
- Priority 3: Social and Economic Recovery and Job Creation
Department of Public Expenditure and Reform