From Department of Public Expenditure, NDP Delivery and Reform; Department of Finance
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The Minister for Public Expenditure, NDP Delivery and Reform, Paschal Donohoe TD, and the Minister for Finance, Jack Chambers TD, have today (Thursday, 11 July) welcomed delegates to Ireland’s National Recovery and Resilience Plan (NRRP) annual event.
Under the modified NRRP, Ireland will receive €1.15 billion in grants over the period of the RRF (2024-2026) covering the priorities of Advancing the Green Transition, Accelerating and Expanding Digital Reforms and Transformation, Social and Economic Recovery and Job Creation and REPowerEU.
Minister Donohoe said:
“Today, I welcome Minister Chambers, the Commission team, Ambassadors and delegates to Ireland’s National Recovery and Resilience Plan’s Annual Event here in the Aviva Stadium. The RRF is the main pillar of the European recovery plan, NextGenerationEU, designed to provide financial aid to Member States to combat the economic and social effects of the COVID-19 pandemic and make the European economy more resistant to future shocks. The inclusion of REPowerEU, which is the EU’s response to the Russian invasion of Ukraine, in this plan, underpins the RRF as a concrete symbol of European solidarity. I am delighted that today we also officially mark the successful completion of Ireland’s First Payment Request of €324million under our National Recovery and Resilience Plan. This first payment follows extensive engagement between Departments across Government and the European Commission with preparation for Ireland’s second payment request well underway.”
Minister Chambers said:
“I am delighted to be here today at the Recovery and Resilience Facility annual event and to see the many wonderful projects that are being funded by the Recovery and Resilience Facility and also by the wider EU Budget. The Recovery and Resilience Facility has been an important component in Europe’s recovery from the Covid-19 pandemic and its response to subsequent economic shocks. Some of these projects here today have been extremely important to Ireland over the years, such as the PEACEPLUS Programme and the European Regional Development Fund.
Today marks an important step in the delivery of Ireland’s National Recovery and Resilience Plan with the cheque presentation for €324 million following the successful approval of Ireland’s first payment request. This is the result of a lot of work over the last number of years by Minister Donohoe and his Department, in cooperation with officials in my own Department."
The overall objective of Ireland’s NRRP is to contribute to a sustainable, equitable, green and digital recovery effort, in a manner that complements and supports the Government’s broader recovery efforts. The drawdown of payments under this performance-based Facility is contingent on the timely delivery of the milestones and targets by each accountable Department and on providing the supporting evidence to this effect. Ireland’s first payment request related to 40 milestones and targets and amounts to €324m.
The payment of €324 million accounts for 28% of funds, with 34% of the milestones and targets fulfilled when the REPowerEU allocation is included.
Ireland’s REPowerEU chapter consists of five investments and one reform and amounts to €240m. It is consistent with REPowerEU’s objectives to make Europe independent of Russian fossil fuels and accelerate the Green transition.
Some amendments have also been made to the NRRP based on objective circumstances such as the identification of better alternatives and the stronger than anticipated post-pandemic recovery of the labour market.
This year’s Annual NRRP Event will mark the submission and approval of Ireland’s first payment request under NextGenerationEU worth €324m, as well as the approval of the REPowerEU addition (€240m) to the NRRP.
Note for Editors
The Department of Public Expenditure, NDP Delivery and Reform is hosting Ireland’s National Recovery and Resilience Plan Annual Event at the Aviva Stadium on Thursday, 11 July 2024.
In response to the crisis caused by the coronavirus, the European Commission brought forward the recovery instrument NextGenerationEU. The centrepiece of NextGenerationEU is the Recovery and Resilience Facility (RRF) - an instrument that offers grants and loans to support reforms and investments in the EU Member States. RRF funds are being provided to Member States in line with their National Recovery and Resilience plans (NRRP) – the roadmaps to reforms and investments aimed to make EU economies greener, digital and more resilient.
With the further challenges presented by the war in Ukraine, this facility was further opened to support amendments to the NRRPs under REPowerEU - the EU’s plan to rapidly reduce dependence on Russian fossil fuels, boost the independence and security of the Union’s energy supply and accelerate the green transition.
Under the modified NRRP, Ireland will receive €1.15 billion in grants covering the priorities of Advancing the Green Transition, Accelerating and Expanding Digital Reforms and Transformation, Social and Economic Recovery and Job Creation and REPowerEU.
This year’s Annual NRRP Event will mark the submission and approval of Ireland’s first payment request under NextGenerationEU worth €324m, as well as the approval of the REPowerEU addition (€240m) to the NRRP.
The day will commence with a visit to a project funded by the RRF, Tom Johnson House. The project is included in Ireland’s NRRP under priority 1: Advancing the Green Transition - project 1.3 – A Public Sector Retrofit Pathfinder Project, the objective of which was to undertake the deep retrofit of public office accommodation. Ministers Donohoe, Chambers and Minister of State O’Donnell will unveil a plaque acknowledging RRF NextGenerationEU funding.
The Annual event will take place in the Aviva Stadium and will be attended by delegates from the European Commission, Government of Ireland, and a broad range of stakeholders, including social partners, environmental partners, NGOs, academics and representatives from Embassies in Ireland.
The event will include keynote addresses from Minister for Finance, Jack Chambers and the Minister for Public Expenditure, NDP Delivery and Reform, Paschal Donohoe.
A panel discussion focussing on the theme of ‘The RRF and a green and resilient Ireland’ will also form part of the day’s agenda along with NRRP project presentations.
The Ministers will have an opportunity to meet with project stakeholders during the exhibition of projects and programmes across a range of EU funding streams such as RRF, BAR, ERDF, ESF+, Just Transition Fund and PEACEPLUS.
More information can be found the Government and European Commission websites at: