ZOE Institute: A future-fit recovery?

News 08.06.21

Posted by Reena Chadee
Zoe Institute and New Economics Foundation: Recovery Index for Transformative Change.

The EUR 672.5 bn Recovery and Resilience Facility (RRF) is a once-in-a-generation opportunity for EU Member States to channel new funding towards reshaping economic sectors, supporting communities and restoring ecosystems while simultaneously creating jobs for resilient societies and contributing to a healthy and just economic recovery. To access EU funds for their pandemic recovery, Member States submitted National Recovery and Resilience Plans (NRRPs) to the European Commission that outline reforms and investments for recovering from the pandemic.

This report provides a detailed breakdown of the RITC’s analysis of the plans by sector. It offers specific examples of measures which take a transformative approach. In addition, it explains why and how some measures need improvements to comply with the guidance from the Commission and to contribute to overarching strategic goals like realising the European Green Deal or the Sustainable Development Goals. This sectoral analysis of the NRRPs not only connects to measuring contributions to the flagships, but it also illustrates emerging trends for the EU as a whole and thus provides insights on what kind of future we can expect from the plans and what more needs to be done.

Read the report.