The Recovery and Resilience Facility (RRF) makes €723.8 billion (in current prices) in loans (€385.8 billion) and grants (€338 billion) available to support reforms and investments undertaken by Member States. The aim is 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 Member States submitted National Recovery and Resilience Plans (NRRPs) to the European Commission in order to benefit from the support of the RRF. Each plan sets out the reforms and investments to be implemented by end of 2026 in key areas of development. The European Commission identified the CCS as a natural beneficiary of the RRF, considering the grave effects that the COVID-19 pandemic had on the sector.
The interactive visualisation helps to gain further insight into the allocation of funds to CCS from the NRRPs of several EU Member States.