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Austria

Austria's National Plan for Resilience and Recovery - EU-Aufbauplan

legislation type Executive
Plan
Passed in 2021
To benefit from the support of the Recovery and Resilience Facility set up by the EU in the aftermath of the COVID-19-induced economic crisis, Member States submit their recovery and resilience plans to the European Commission. Each plan sets out the reforms and investments to be implemented by end-2026 and Member States can receive financing up to a previously agreed allocation. Each plan should effectively address challenges identified in the European Semester, particularly the country-specific recommendations of 2019 and 2020 adopted by the Council. It should also advance the green and digital transitions and make Member States’ economies and societies more resilient. The Commission validates the plan after which it effectively enters in force and EU subsidies can start flowing towards the member state.

The European Commission has given a positive assessment to Austria’s recovery and resilience plan, which will be financed by €3.5 billion in grants. 59% of the plan’s total allocation for reforms and investments supports climate objectives, including:
  •  Refocussing the tax system to benefit the climate: introducing tax reforms to incentivise green technologies, preferential tax rates for low- or zero emission products combined with targeted tax relief for companies and households in need.
  • Emission-free transport: supporting the transition from fossil-fuel powered buses to zero-emission buses, a large-scale rollout of electric vehicles and installing charging stations. €256 million
  • Circular economy: reforming the re-use and recycling of beverage packaging, accompanied by financial support to install take-back systems in the retail sector. €170 million
  • Energy efficiency for homes: supporting private households to replace oil and gas heating with more sustainable heating devices. €159 million
  • Environmental mobility: expanding the electrified rail network between regions. €543 million

Documents

from the Grantham Research Institute
from the Grantham Research Institute
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