Source: European Parliament
Ireland’s national recovery and resilience plan (NRRP) has the fourth smallest allocation in absolute figures under the Recovery and Resilience Facility (RRF). Following the European Commission’s 2022 update of national allocations, the initial €989 million allocation was adjusted to €914.4 million in grants, to be disbursed in five instalments. Ireland asked to amend its latest plan in March 2024, when it submitted a new REPowerEU chapter to accelerate the green transition, leading to the allocation of additional funding. The Council approved the new NRRP in June 2024, bringing Ireland’s new total to €1 153.8 million in grants. Ireland received its first payment of €324.8 million in July 2024.