The Next Generation EU is a temporary recovery instrument to help economies recover in the wake of the COVID-19 pandemic. The Recovery and Resilience Facility (RRF) is at the core of the Commission’s Next Generation EU instrument and aims to foster sustainability amongst European economies and to support the transition towards green and digital economies. The Facility will support reforms and investments undertaken by Member States through loans and grants.
Malta’s Recovery and Resilience Plan consists of six components:
1. Addressing climate neutrality through enhanced energy efficiency,
clean energy and a circular economy
2. Addressing carbon-neutrality by decarbonising transport
3. Fostering a digital, smart and resilient economy
4. Strengthening the resilience of the health system
5. Enhancing quality education and fostering socio-economic sustainability
6. Strengthening the institutional framework