All figures are presented in EUR million.
*The European Commission has, as of mid-July, approved in total 25 Recovery and Resilience Plans of which 3 are still undergoing a due diligence check.
To accelerate the green transition, each Member State must dedicate at least 37% of the expenditure in its RRPs to measures contributing to climate objectives. So far, EU countries whose plans have already been approved have actually exceeded this target, with the estimated climate expenditure now amounting to about 40%.
These measures could be financed via NextGenerationEU green bonds, provided they respond to the necessary areas of funding identified in the NextGenerationEU green bond framework and they comply with the additional set of criteria that was applied in line with market expectations on highest-standard green bonds in the due diligence exercise.
The interactive chart below demonstrates the amount of climate expenditure in the approved RRPs that can be funded via NextGenerationEU green bonds. It gives an overview of the total pool of green expenditures to which future NextGenerationEU green bond proceeds can be allocated.
Click on each EU country on the right-hand chart and scroll down to see details about what green expenditure they plan to implement, and what part of this expenditure the Member State has reported as having spent.
The NextGenerationEU green bond framework determines nine categories of expenditure to which NextGenerationEU green bonds proceeds can be allocated. The interactive chart below outlines how the planned expenditure is distributed between categories, based on information in the approved recovery and resilience plans.
Click on each category and scroll down to see in which areas and intervention fields countries are planning investments.
Each category of expenditure covers several intervention fields, as outlined in Annex VI of the RRF regulation – the rules that spell out how the Recovery and Resilience Facility will be put in place.
The interactive chart below demonstrates the intervention fields of measures to which the planned expenditure eligible for NextGenerationEU green bond funding will be allocated.
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