Page contentsPage contents About the programme The Recovery and Resilience Facility will make €723.8 billion in loans and grants (in current prices) available to support reforms and investments undertaken by EU Member States. The aim is to mitigate the economic and social impact of the coronavirus pandemic and make European economies and societies more sustainable, resilient and better prepared for the challenges and opportunities of the green and digital transitions.Member States will prepare recovery and resilience plans that set out a coherent package of reforms and public investment projects. To benefit from the support of the facility, these reforms and investments should be implemented by 2026.Member States' recovery and resilience plans should effectively address challenges identified in the European Semester, particularly the country-specific recommendations adopted by the Council. The plans should also include measures to address the challenges and reap the benefits of the green and digital transitions.Each plan is expected to contribute to the four dimensions outlined in the 2021 Annual Sustainable Growth Strategy, which launched this year's European Semester cycle:environmental sustainabilityproductivityfairnessmacroeconomic stabilityProgramme website Budget and performance Includes performance highlights, key performance indicators, and the performance framework and assessment. Programme performance webpage Programme features Programme duration2021-2027Lead Directorate-GeneralEconomic and Financial Affairs, Recovery and Resilience Task ForcePredecessor programme-Management modeDirect and indirect managementMFF headingCohesion, Resilience and ValuesClusterRecovery and ResilienceClimate contribution37% (ℹ) (target)Total budget 2021-2027€ 723.82 billion (ℹ) (current prices) under NGEURelevant regulationRegulation (EU) 2021/241 of the European Parliament and of the Council.Commission Delegated Regulations (EU) 2021/2105 and (EU) 2021/2106 supplementing Regulation (EU) 2021/241.COM(2022) 231 final, 18 May 2022: Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulation (EU) 2021/241 as regards repowerEU chapters in RRPs and amending Regulation (EU) 2021/1060, Regulation (EU) 2021/2115, Directive 2003/87/EC and Decision (EU) 2015/1814 Documents Proposal for a regulation establishing a Recovery and Resilience Facility Annual Sustainable Growth Strategy Commission staff working document - Guidance to Member States Recovery and Resilience Plans - P [...] s - Part 1 Guidance to Member States Recovery and Resilience Plans - Part 2 Council conclusions on the recovery plan and multiannual financial framework for 2021-2027 Questions and answers on the Recovery and Resilience Facility, 27 July 2020 Country specific recommendations 2020 Country specific recommendations 2019 Contact EmailEC-RECOVERec [dot] europa [dot] eu (Recovery and Resilience Task Force)