THE EUROPEAN RECOVERY PLAN - AS A BREAKTHROUGH FOR GREEN INNOVATION?

While all of the 22 NRRPs that have been approved so far by the European Commission and the Council of the EU fulfil the 37% green investment objective, reaching close to 40% taken altogether, we know less to which extent Member States use the European recovery plan to finance innovative green technologies and in which types of green innovation they invest. [...] 2 ▪ OVERALL SPENDING ON GREEN INNOVATION IN NRRPS Among the 14 NRRPs studied in this policy paper, there are important differences in green innovation spending, both in absolute and relative terms, in relationship to the size of NRRPs and national GDP. [...] 3 ▪ THE DISTRIBUTION OF GREEN INNOVATION SPENDING IN NRRPS Beyond the overall spending on green innovation in NRRPs, it is also important to analyse which dimensions of green innovation they include and how much money they receive. [...] Czechia uses the vast majority of its green innovation spending on recharging infrastructure, while spending relative to other green innovation dimensions is considerably more limited in the remaining NRRPs, typically ranging from 10% to 20% of the overall green innovation envelope. [...] 4 ▪ DIVERGENT GREEN INNOVATION AMBITIONS IN QUANTITY AND QUALITY The analysis of overall green innovation spending and its distribution across different measures in NRRPs highlights stark differences in the ambition of national policy-makers to use the European recovery plan as an instrument to accelerate green innovation spending, as well as their priorities towards specific technologies and inst.