Council implementing decision on the approval of the assessment of the recovery and resilience plan for Luxembourg

Laws and Policies

CCLW

CCLW national policies

Luxembourg’s recovery and resilience plan

Factsheet on Luxembourg's recovery and resilience plan

European Commission page on Luxembourg's recovery and resilience plan

Information on Luxembourg's recovery and resilience plan

Approved

<div>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 Luxembourg’s recovery and resilience plan, which will be financed by €93.4 million in grants,&nbsp;including:</div><ul><li>Electromobility: deploying a support scheme to enlarge the network of charging points for electric vehicles across the country. €30.5 million</li><li>Biodiversity: establishing a 'Naturpakt' with municipalities to provide financial support to actions to protect nature and prevent biodiversity loss. €6 million</li><li>Renewables: supplying a new housing district built on a former industrial site with heat and electricity produced from renewables. €24 million </li></ul>