70% of the National Recovery Plan funds must be contracted by the end of the year

As much as €36 billion from the National Reconstruction Plan is to go to Poland thanks to the European Commission's approval of the document. Almost half of this money will be spent on energy and green transformation. Thus, it will enable Poland to accelerate the implementation of the plan, which assumes the fastest possible transition away from fossil fuels imported from Russia. 

"We are moving from a peace economy to a war economy, which is governed by different laws and which requires faster decisions," former climate and environment minister Michał Kurtyka said. 

Time will be a serious challenge, as Poland has until the end of the year to contract 70 percent of the funds.

"The funds from the National Recovery Plan are directed at those energy priorities that were already programmed during the work on the NIP roughly 18 months ago, i.e. Clean Air – more than €3 billion, measures to move away from oil in transport, electromobility and modern industrial sectors, e.g. €800 million for the hydrogen economy," Michał Kurtyka emphasized.

What is important, 70 percent of the NIP funds must be programmed by the end of the year. According to Kurtyka, it is a huge planning challenge for the whole machine of administration and self-government.

(Newseria)