REACT-EU stands for Recovery Assistance for Cohesion and the Territories of Europe and is an initiative that continues and extends the crisis response and crisis repair measures delivered through the Coronavirus Response Investment Initiative and the Coronavirus Response Investment Initiative Plus. REACT-EU provides a €50.6bn additional investment under the investment for growth and jobs goal. €39.6bn was allocated in 2021 with €11bn allocated in 2022.
Member States can use the REACT-EU budget for the ESF, the European Regional Development Fund (including for cross–border co-operation under ETC), the Fund for European Aid to the Most Deprived (FEAD), and the Youth Employment Initiative.
Ireland’s allocation for 2021 is €88.3m and was programmed through the ESF Programme for Employability, Inclusion and Learning 2014-2020.
The continuation of education and training was an essential step in ensuring a resilient recovery from COVID-19. The additional funding has been used to support the continuation of safe and inclusive education and training in a COVID-19 context and focused on measures introduced to support the reopening of schools and the provision of laptops to disadvantaged students in further and higher education.
Further information on REACT-EU can be found at https://ec.europa.eu/commission/presscorner/detail/en/IP_20_2140
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