Background and objectives

The Next Generation EU recovery instrument supports a speedy recovery for people, the EU economy and society from the Covid-19 crisis. The instrument includes a 750 billion recovery fund for EU member states. The Next Generation EU recovery package is divided into seven parts, of which the Recovery and Resilience Facility (RRF) is the largest. Each member state must present a national Recovery and Resilience Plan (RRP) in order to receive RRF funding. The Council of the European Union formally approved Finland’s plan in autumn 2021. Finland’s Recovery and Resilience Plan forms part of the Sustainable Growth Programme for Finland. The programme supports growth that is ecologically, socially and economically sustainable.

The Sustainable Growth Programme will accelerate solutions to facilitate significant reductions in emissions in Finland and elsewhere. The aim is to make Finland a global leader in the fields of hydrogen and circular economy, zero-emission energy systems and other climate and environmental solutions. The aim is also to improve energy efficiency and to accelerate the transition to fossil-free transport and heating.