Financing worth €4.7 billion will support economic growth and climate adaptation
The EU has given the go-ahead to the Netherlands’ plan for how to spend Covid-19 recovery funding.
The Council of the EU, which brings together economy and finance ministers from member nations, announced on 4 October that it had approved the Dutch government’s proposals to spend €4.7 billion in Next Generation EU grants to support economic recovery and climate adaptation in the Netherlands. The funds come with some direction on how they should be spent, such as a target for funding green industries and environmental restoration.
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