To benefit from the support of the Recovery and Resilience Facility set up by the EU in the aftermath of the COVID-19-induced economic crisis, Member States submit their recovery and resilience plans to the European Commission. Each plan sets out the reforms and investments to be implemented by end-2026 and Member States can receive financing up to a previously agreed allocation. Each plan should effectively address challenges identified in the European Semester, particularly the country-specific recommendations of 2019 and 2020 adopted by the Council. It should also advance the green and digital transitions and make Member States’ economies and societies more resilient. The Commission validates the plan after which it effectively enters in force and EU subsidies can start flowing towards the member state.
The European Commission has given a positive assessment to Estonia’s recovery and resilience plan, which will be financed by €969.3 million in grants. 42% of the plan’s total allocation for reforms and investments supports climate objectives.
The European Commission has given a positive assessment to Estonia’s recovery and resilience plan, which will be financed by €969.3 million in grants. 42% of the plan’s total allocation for reforms and investments supports climate objectives.
- Green transition in business: supporting companies in making the green transition through modernising their business models, fostering the development and uptake of innovative green technologies, and developing green skills. €220 million
- Sustainable energy and energy efficiency: facilitating the uptake
of renewable energy and reducing dependency on oil shale in electricity production; investments into grid and storage capacity for renewable energy; measures to facilitate and support energy-efficient renovations of 2,680 dwellings. €92 million - Sustainable mobility: harmonising the Tallinn capital region public transport system and investments into rail and multimodal connections, including the construction of the Rail Baltic terminal in Tallinn. €96 million.
