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EUROPE 2020 A strategy for smart, sustainable and inclusive growth; COMMUNICATION FROM THE COMMISSION

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Brussels, 3.3.2010
COM(2010) 2020 final



Europe faces a moment of transformation. The crisis has wiped out years of economic and social progress and exposed structural weaknesses in Europe's economy. In the meantime, the world is moving fast and long-term challenges – globalisation, pressure on resources, ageing – intensify. The EU must now take charge of its future.

Europe can succeed if it acts collectively, as a Union. We need a strategy to help us come out stronger from the crisis and turn the EU into a smart, sustainable and inclusive economy delivering high levels of employment, productivity and social cohesion. Europe 2020 sets out a vision of Europe's social market economy for the 21st century.

Europe 2020 puts forward three mutually reinforcing priorities:

– Smart growth: developing an economy based on knowledge and innovation.
– Sustainable growth: promoting a more resource efficient, greener and more competitive economy.
– Inclusive growth: fostering a high-employment economy delivering social and territorial cohesion.


The Commission also puts forward seven flagship initiatives to catalyse progress under each priority theme.

Perhaps most relevant to BUILD UP is one of the seven flagship initiatives:
– "Resource efficient Europe" to help decouple economic growth from the use of resources, support the shift towards a low carbon economy, increase the use of renewable energy sources, modernise our transport sector and promote energy efficiency."

All of the seven flagship initiatives are detailed in the Communication to the Commission here.


The flagship initiatives which are outlined in this paper show how the EU can make a decisive contribution and will commit both the EU and the Member States to delivering the Europe 2020 goals.


For all language versions and formats, click here.


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