RRF annual event showcasing NextGenerationEU Funding in Ireland
- Recovery and Resilience Facility | EU financing
- Dublin 8, Ireland
- Hyatt CentricDean Street, The Liberties, Dublin 8, Co. Dublin, D08 W3X7, Ireland
In 2020, in response to the unprecedented crisis caused by the coronavirus, the European Commission brought forward the recovery instrument NextGenerationEU.
Out of NextGeneration EU, the Recovery and Resilience Facility (RRF) was developed to help Member States emerge stronger and more resilient from the Covid-19 crisis. To this end the RRF has made available €672.5 billion in loans and grants to support the reforms and investments undertaken by Member States in their National Recovery and Resilience Plans (NRRP).
Ireland’s National Recovery and Resilience Plan was agreed with the European Commission in July 2021 and contains sixteen investment projects and nine reform measures covering the priorities of Advancing the Green Transition, Accelerating and Expanding Digital Reforms and Transformation, and Social and Economic Recovery and Job Creation. Ireland’s total allocation of grants under the Recovery and Resilience Facility is €915m.
Implementation of these 25 investment and reform measures within Ireland’s plan is well underway. This Annual Event is an opportunity for Ireland to showcase NextGenerationEU Funding. The Department of Public Expenditure and Reform, as the Implementing Body for the NRRP in Ireland, will host Ireland’s Annual Event which will take place on 10th November 2022.