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Slovenia’s recovery and resilience plan

Geography
Year
2021
Document Type
Policy

Summary

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 Slovenia’s €2.5 billion recovery and resilience plan, consisting of €1.8 billion in grants and €705 million in loans. 42% of the plan’s total allocation for reforms and investments supports climate objectives.

  • Energy efficiency and seismic renovation of buildings: financing large-scale renovation programmes to increase the energy efficiency ofpublic buildings, including schools. €230 million
  • Decarbonisation of transport through investments in railway infrastructure: upgrading congested railway lines, refurbishing railway stations, increasing capacity, speed and safety of rail transport and digitalising rail infrastructure to reduce travel time. €292 million
  • Improved drinking water supply and water saving projects: building and renovating ageing drinking water supply systems to reduce water losses by more than 20%. €54 million

Tthere were 4th amendments to the date and the 5th amendment is waiting for the Council's approval.

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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance

Note

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.