| Author (Corporate) | European Court of Auditors |
|---|---|
| Publisher | Publications Office of the European Union |
| Series Title | ECA Special Reports |
| Series Details | 14/2024, Number 14 |
| Publication Date | September 2024 |
| ISBN | 978‐92‐849‐2538‐4 |
| ISSN | 1977‐5679 |
| EC | QJ‐AB‐24‐014‐EN‐Q |
| Content Type | Report |
Summary:The Recovery and Resilience Facility provided member states with an incentive to invest in the green transition. They planned to spend around €275 billion on climate action as part of the green transition pillar. However, our analysis revealed shortcomings in the Facility’s design and implementation of green transition measures. This led to potential overestimations of amounts allocated to climate action, discrepancies between planning and practice, and little indication of the measures’ actual contribution to the green transition. There is no requirement in the legislation to assess the Facility’s contribution to the EU’s climate objectives, nor report on actual spending, limiting the relevance for stakeholders. We make several recommendations to improve design and effectiveness of EU funds relevant for green transition. |
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| Source Link |
Link to Main Source
https://www.eca.europa.eu/en/publications/SR-2024-14
Alternative sources
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| Subject Categories | Environment |
| Subject Tags | Recovery and Resilience Plan |
| International Organisations | European Union [EU] |
