Recovery & Resilience Plan 2020-2026
The Austrian Recovery & Resilience Plan consists of measures designed to tackle the Covid-related economic crisis. The plan is divided into four main pillars:
1) Sustainable development, 2) Digital development, 3) Knowledge-based development, and 4) Fair development.
The implementation of the measures of the plan will require a total investment of EUR 4.5 billion over the period 2020-2026. All measures will be implemented by 31 August 2026 at the latest.
In line with EU requirements, 37% of the investments will need to be directed towards the achievement of climate protection goals. The Austrian Recovery & Resilience Plan accounts for a 46% share of climate protection purposes. The programme also takes into account the "do no significant harm" principle, which outlines that none of the measures contradict the EU environmental objectives.
Want to know more about this policy ? Learn more (German)