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European Commission will invest €16 billion in research and innovation over the next two years

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On 13 October 2015, the European Commission adopted a new Work Programme for 2016-17 and will invest almost €16 billion in research and innovation in the next two years under Horizon 2020, the EU's research and innovation funding scheme.

 

Horizon 2020 Work Programme 2016-17 is directly aligned with the policy priorities of the Commission and will contribute to the Jobs, Growth and Investment Package, Digital Single Market, Energy Union and Climate change policy, and Internal Market with stronger industry, helping to strengthen Europe’s global competitiveness, create new and sustainable jobs, and promote growth.

 

Specifically regarding the energy and climate sector, the priorities include the following:

 

  • The Smart and Sustainable Cities call (€132 million) aims to bring together cities, industry and citizens to find sustainable integrated energy and transport solutions.
  • Projects funded under the Energy Efficiency call (€194 million) will trigger direct energy savings of up to 230.000 toe (tonne of oil equivalent) per year.
  • The Competitive Low-carbon Energy call (€723 million) underpins the commitment to diversify energy sources. In addition, three of the new Horizon Prizes will focus on boosting innovation in low carbon energy technologies offering €3.25 million to winning solutions.
  • The ambition to make Europe the global number one in renewable energy will be supported by an investment of more than €400 million in bringing promising technologies closer to the market.
  • Activities in the areas of climate action, environment, resource efficiency and raw materials will jointly help to ensure that the investment of 35% for climate action and 60% for sustainable development across the whole Horizon 2020 will deliver maximum impact. In the climate area, the Work Programme will invest €178 million in 2016 alone in large-scale innovation actions to demonstrate future solutions for greening the economy.

 

 

The Work Programme is also designed to strengthen the open and inclusive nature of Horizon 2020, making it "Open to Science, Open to Innovation and Open to the World."

 

Carlos Moedas, Commissioner for Research, Science and Innovation said: "Research and innovation are the engines of Europe's progress and vital to addressing today's new pressing challenges like immigration, climate change, clean energy and healthy societies. Over the next two years, €16 billion from Horizon 2020 will support Europe's top scientific efforts, making the difference to citizens' lives."

 

 

For further information, please visit the relevant European Commission website: http://europa.eu/rapid/press-release_IP-15-5831_en.htm