Czech recovery and resilience plan approvedEuropost
The Commission adopted today a positive assessment of Czechia's recovery and resilience plan, worth €7 billion, the EU press service reported. This financing will support the implementation of the crucial investment and reform measures and will play a key role in helping Czechia emerge stronger from the pandemic.
“The Commission has decided to give its green light to Czechia's recovery and resilience plan. This plan will play a crucial role in supporting a shift towards a greener and more digital future for Czechia. Measures that improve energy efficiency, digitalise public administration and deter the misuse of public funds are exactly in line with the objectives of NextGenerationEU,” EC President Ursula von der Leyen said.
The Commission's assessment of Czechia's plan finds that it devotes 42% of its total allocation to measures that support climate objectives. The plan includes investments in renewable energy, the modernisation of district heating distribution networks, the replacement of coal-fired boilers and improving the energy efficiency of residential and public buildings. The plan also includes measures for nature protection and water management as well as investment in sustainable mobility.
The Commission also considers that Czechia's plan effectively addresses all or a significant subset of the economic and social challenges outlined in the country-specific recommendations addressed to Czechia by the Council in the European Semester in 2019 and in 2020.
The plan provides for measures to tackle the need for investment in energy efficiency and renewable energy sources, sustainable transport and digital infrastructure. Several measures aim at addressing the need to foster digital skills, improve the quality and inclusiveness of education, and to increase the availability of childcare facilities. The Czech plan proposes projects in all seven European flagship areas. These are specific investment projects which address issues that are common to all Member States in areas that create jobs and growth and are needed for the twin transition.
The Commission adopted a proposal for a Council to provide €7 billion in grants to Czechia under the RRF. The Council will now have four weeks to adopt the proposal. Its approval would allow for the disbursement of €910 million in pre-financing. This represents 13% of the total amount allocated to Czechia.