The Netherlands has previously successfully made use of the REACT-EU fund to accelerate the green and digital transition in the north, east and south of the country. The fund is part of the special €750 billion coronavirus recovery fund, Next Generation EU. €47.5 billion of this fund has been earmarked for the REACT-EU programme.
This initiative has come about with the help of the European Union and the European Regional Development Fund. The REACT-EU funds were provided in a European Union response to the Covid-19 pandemic.