The Estonian Recovery and Resilience Plan, which consists of 969.3 million EUR, was approved by the EU Council in October 2021. Investments account for about 80% of the recovery and resilience plan, with the private and public sectors making an average of 130 million euros of additional investments per year over six years.
The most important investments of the Recovery and Resilience Plan are related to the green and digital transitions with more than 600 million euros announced.
220 million euros will be directed towards the green transition through a dedicated green fund, the uptake and improvement of innovative and resource-efficient green technologies, the upcycling of bio-resources, the uptake of integrated hydrogen technologies and the development of skills supporting the green transition.
It is also planned to support investments in increasing the energy efficiency of buildings and small houses and to boost the green transition in energy management.
In the field of transport, it is planned to finance investments in rail and tramway traffic related to sustainable mobility with the support of RRF. For example, the plan includes the construction of the Ülemiste joint terminal, which is a part of Rail Baltica, and support for the construction of the Tallinn Old Port tram line in the value of 26 million euros.