Subheading 2b Resilience and values

Subheading 2b includes two main policy clusters: recovery and resilience, and investing in people, social cohesion and values. The former is relatively small part of the 2021 budget, but it will increase significantly once the external assigned revenue based on the NGEU instrument is introduced to the Recovery and Resilience Facility (RRF). The RRF is the Union’s main tool in support of economic and social recovery from the consequences of the pandemic (see Section 5.2.2). The 2021 allocation for the RRF financed from NGEU will amount to €236.7 billion (grant component). This represents 83 % of the total NGEU tranche planned for 2021.