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 Lithuania’s recovery and resilience plan, which will be financed by €2.2 billion in grants. 38% of the plan’s total allocation for reforms and investments support climate objectives, including:
The European Commission has given a positive assessment to Lithuania’s recovery and resilience plan, which will be financed by €2.2 billion in grants. 38% of the plan’s total allocation for reforms and investments support climate objectives, including:
- Sustainable power generation: developing offshore wind infrastructure, and onshore plants for renewable energy sources (solar and wind power), and creating public and private energy storage facilities. €242 million
- Sustainable mobility: reducing significantly greenhouse gas emissions by phasing out the most polluting road transport vehicles (private, public and commercial) and by increasing the share of renewable energy sources in the transport sector. €341 million
- Accelerating renovation of buildings: supporting the production of modular elements for renovations from organic materials and providing financial support to citizens for actual renovations.
€218 million
