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NextGenerationEU

By investing in Europe’s future, together we can ‘Make it Real’

NextGenerationEU was set up to help repair the economic and social damage caused by the COVID-19 pandemic. Through the investment projects it funds, the European Union is setting the blueprint for a greener, more digital, more resilient future. 

The centrepiece of this massive stimulus package – the largest ever financed in Europe – is the Recovery and Resilience Facility (RRF), through which the bulk of funding is allocated in the form of loans and grants.  

Funds allocated through the RRF Regulation

€291 billion
in loans
€357 billion
in grants
€648 billion*
overall investment, at 2022 prices

*This represents the maximum amount foreseen by the RRF Regulation.

All EU countries have developed comprehensive National Recovery and Resilience Plans (RRPs) designed to allocate NextGenerationEU funding to their specific needs. These funds are channelled towards a diverse range of investment projects and initiatives, many of which have already been completed. 

From solar-powered cable ferry projects in rural Croatia to modernised cycling infrastructure across northern Belgium, NextGenerationEU is powering positive change today and laying the groundwork for a more sustainable tomorrow, with six major focus areas:  

Investment in these areas will create jobs and spur growth in critical, future-focused sectors of the economy. It will help build a more digital Europe, while supporting the transition to cleaner energy and setting the course for climate neutrality by 2050.  

Together, we have shown that when Europe is bold, it gets things done. And our work is far from over, so let's stand together. Let's deliver today and prepare for tomorrow.

Ursula von der Leyen, President of the European Commission

Monitor each country’s progress with the Recovery and Resilience Scoreboard and gain insights into projects funded in each Member State. Take a look at our interactive map below for specific details on projects in your region: 

Find projects in your country

NextGenerationEU in action

As of February 2024, the European Commission has been directly collaborating with its Representations across several EU countries to highlight the impact of NextGenerationEU-funded projects in local communities, through local communication campaigns. These local campaigns seek to directly engage with citizens and project beneficiaries, leveraging various channels to demonstrate the future-focused innovations and infrastructure being set up domestically with the help of NextGenerationEU.   

NextGenerationEU projects

  • News article

With an €11 million funding contribution made through NextGenerationEU, Latvia has launched a comprehensive initiative to distribute laptops to schools nationwide. The project is one of the country’s flagship efforts to help bridge the digital divide.

  • 3 min read
Serviced Apartments for Seniors in Slovenia
  • News article

Co-funded through NextGenerationEU, the Žarova serviced apartment complex in Velenje, Slovenia, offers senior citizens safe, independent living in their own community, exemplifying innovative social care solutions for residents as they grow older.

  • 3 min read
  • News article

As part of its nationwide priorities, Czechia is investing €360 million in NextGenerationEU funding into improving the energy efficiency of its housing stock. Residents of an apartment block in Frýdek-Místek are experiencing the benefits firsthand.

  • 3 min read