Making the most of EU Recovery Funding
The EU has made funding for Covid-19 economic recovery available to member states and has linked it closely to the digitalisation and green transition agendas. Ireland will be eligible for €853 million in grants through this fund over the coming years, but in order to access this it will need to provide the EU with a National Recovery and Resilience Plan detailing how the funding will be allocated. The Government must provide the National Recovery and Resilience Plan to the EU in April and it needs to centre on investment in objectives with deliverables in the next 5 years.
To represent the views of the business community, Dublin Chamber made a submission arguing that the funding should be allocated to key infrastructure projects that support Dublin’s sustainability objectives, and also argued that investment should be made to meet skills needs and support connectivity and renewable energy. You can find the Dublin Chamber Recovery and Resilience submission here.