Source: European Parliament
1. The Commission welcomes the European Court of Auditors’ (ECA) acknowledgement in Special Report 14/2024 that the Recovery and Resilience Facility (RRF) contributes to the EU’s green transition by, amongst other things, prompting Member States to include substantial climate measures (both reforms and investments) in their recovery plans. As noted in the Commission’s replies to the special report[1], ECA’s findings on the calculation of the RRF’s climate contribution are the mathematical consequence of ECA using more conservative climate coefficients than those provided for in the RRF Regulation[2]. The Commission notes that it is obliged to apply the methodology agreed by the two co-legislators and the specific coefficients set by the regulation. The Commission reiterates that the RRF is one of the key EU instruments to support the green transition, with an expected unprecedented EUR 276 billion contributing to climate objectives.
2. The design of the RRF ensures that Member States receive significant financial support in return for the successful implementation of their reform and investment agenda, in line with EU priorities. The RRF has channelled significant resources to help Member States design and implement reforms and investments to increase the share of renewables in Member States’ energy mix, improve energy efficiency, cut pollution, boost the economy through green technologies, support sustainable transport, enhance climate resilience, and promote green skills. The Commission has been working closely with Member States to ensure the successful and timely implementation of the Facility.
- [1] https://www.eca.europa.eu/Lists/ECAReplies/COM-Replies-SR-2024-14/COM-Replies-SR-2024-14_EN.pdf
- [2] Regulation (EU) 2021/241 of the European Parliament and of the Council of 12 February 2021 establishing the Recovery and Resilience Facility, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32021R0241