Updates on the Recovery and Resilience Facility (RRF)

Updates on the Recovery and Resilience Facility (RRF)

The third Annual Report on the Recovery and Resilience Facility (RRF) has just been published.

This funding instrument, with €650 billion in grants and loans, helps speeding up, fostering continuous reform and investment progress for the green and digital transition and to strengthen the resilience and competitiveness across the EU Member States. Check out the map of projects already supported by the Recovery and Resilience Facility here.

In order to remain focused on the full and timely implementation of the plans by 2026, the EU Member States need to continue to swiftly implement their RRPs in full, and the Commission is actively supporting them in these efforts. Thereby, the Commission introduced simpler processes and guidance to Member States, focussing on how to revise plans, which will remain relevant to address implementation bottlenecks. Reporting requirements for Member States have also been streamlined to reinforce transparency.

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