The political agreement, pending the final approval of the legal texts by the European Parliament Plenary and the Council, lays the ground for a successful and sustainable recovery of the European economy from the coronavirus pandemic in the long run. The InvestEU Programme will provide the EU with crucial long-term funding, crowd in private investments in support of a sustainable recovery and help build a greener, more digital and more resilient European economy. The compromise would allow an EU budgetary guarantee of EUR 26.2 billion to be distributed across four policy areas and for at least 30% of the investments to contribute to Union objectives on climate action, in support of the European Green Deal Investment Plan. Member States will be able to implement part of their plans under the Recovery and Resilience Facility via the InvestEU programme and the InvestEU Advisory Hub. InvestEU will be implemented in partnership with the European Investment Bank and the European Investment Fund, as well as several other implementing partners, including international financial institutions and national promotional banks and institutions.