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 Germany’s recovery and resilience plan, which will be financed by €25.6 billion in grants. 42% of the plan’s total allocation for reforms and investments supports climate objectives, including:
The European Commission has given a positive assessment to Germany’s recovery and resilience plan, which will be financed by €25.6 billion in grants. 42% of the plan’s total allocation for reforms and investments supports climate objectives, including:
- Hydrogen leap: investing in green hydrogen at all stages of the value chain to help decarbonise the German economy. €1.5 billion
- Support for electric cars: helping citizens shift to clean electric vehicles by giving financial support for more than 800,000 decarbonised vehicles. €2.5 billion
- Energy efficiency in residential buildings: financing a large-scale renovation programme to increase the energy efficiency of residential buildings. €2.5 billion
