The Agency for Development and Cohesion, I.P., invited Mário Tavares da Silva, Vice-President of Recuperar Portugal, to share lessons learned from the implementation of the Recovery and Resilience Facility (PRR). The meeting took place in Porto on October 7th and focused on key takeaways from over five years of this performance-based European funding instrument.
At the event, Tavares da Silva argued that the next European funds cycle, 2028-2034, should adopt a differentiated financing and guarantee model, tailored to the nature, measurability, and risk of each project. The intervention occurred during the 27th Simplification Working Group Meeting, part of the European Commission's DG REGIO Transnational Simplification Network, dedicated to non-cost-associated financing (FNAC) within Portugal 2030.
The session, titled «Towards 2028–2034: lessons from the PRR and the Social Climate Fund», included participation from Recuperar Portugal. The discussion highlighted the importance of balancing the achievement of results with responsible execution of European funds, supported by internal management and control systems. A focus on results and simplified costs should be complementary components of the future funding model, not alternative options.
The meeting, integrated into the Transnational Simplification Network of the European Commission's Directorate-General for Regional and Urban Policy (DG REGIO), focused on non-cost-associated financing (FNAC), with emphasis on its framework within Portugal 2030, the definition of milestones and targets, and implementation challenges. Representatives from Bulgaria, Romania, Estonia, and Cyprus also participated, alongside the European Commission, discussing stages from intervention design to payment requests.
