On the 8th of July 2021, the European Commission gave a positive evaluation to the Croatian National Recovery and Resilience Plan. This is an important step towards the distribution of a € 6.3 billion grant under the Recovery and Resilience Facility (RRF), what will support the key investment and reform measures specified in Croatia’s National Recovery and Resilience Plan.
The RRF is in the heart of the NextGenerationEU instrument, which will provide € 800 billion to support investment and reforms across the EU. The Croatian plan is part of the EU’s coordinated response to the COVID-19 crisis, solving of European challenges through the acceptance of the green and digital transition, strengthening of economic and social resilience and the cohesion of the single market.
The Croatian National Recovery and Resilience Plan proposes projects in all seven flagship European areas.
40% of the allocation in the Croatian recovery and resilience plan is foreseen for measures related to climate goals. It includes the acceptance of renewable energy sources, energy efficiency and buildings reconstruction after earthquakes and sustainable mobility. The aid will also cover companies in their green transition.
20% of total expenditure is directed to the digital transition; greater broadband connectivity, reduction of digital divide between urban and rural areas, and companies adjustment to digital business and increasing their competitiveness.