What do a strong economy and a bull market have in common? Clean Tech.
NextGenerationEU is a EUR 806.9 billion* temporary recovery instrument designed to boost recovery and transform our economies and societies to become more modern and resilient.
With NextGenerationEU’s strong focus on facilitating the transition towards a green and digital economy, there is a natural link to the promotion of clean tech for a more sustainable and competitive EU economy.
NextGenerationEU is the “investment firepower” for the EU’s green transition, which provides opportunities for businesses of all sizes to scale up their net-zero operations and ambitions in an EU net-zero ecosystem that was already worth over EUR 100 billion in 2021, doubling in value since 2020. It will also benefit the activities of businesses by enabling a secure, affordable and sustainable energy supply, and by increasing the availability of the clean tech solutions needed to reduce their environmental impact.
*This figure is in current prices. It amounts to €750 billion in 2018 prices.
The road to net-zero
Clean tech is at the heart of the Green Deal Industrial Plan with its aim of making the most of the net-zero potential by transforming the European Union's industry with highly ambitious goals.
NextGenerationEU for clean tech
Under NextGenerationEU, the 27 national recovery and resilience plans funded by the Recovery and Resilience Facility (RRF) make around EUR 250 billion available for green measures, including investments earmarked for tackling climate change and supporting green projects.
Overall, NextGenerationEU and clean tech represent considerable opportunities for businesses to contribute to a more sustainable future while also generating economic benefits. By taking advantage of the current momentum, businesses can position themselves for long-term success in a rapidly evolving global economic landscape.
With NextGenerationEU, we are leading the way to net-zero through the clean tech revolution!
Get a feel for what we do by checking out our project map and a selection of cross-national clean tech related projects:
The map exclusively serves information purposes and is not an exhaustive database of projects supported by the Recovery and Resilience Facility. It does not reflect the distribution of the projects funded by the Recovery and Resilience Facility across the European Union, nor across different geographical areas or sectors within EU Member States. The RRF funding amounts shown for measures are based on the initial cost estimates included in the recovery and resilience plans.
Furthermore, the projects showcased are without prejudice to any future assessment by the Commission in the context of verifying the satisfactory fulfilment of milestones and targets under Regulation (EU) 2021/241 establishing the Recovery and Resilience Facility.