EU to set up new European Partnerships and invest nearly €10 billion for the green and digital transition

The Commission has proposed to set up 10 new European Partnerships between the European Union, member states and/or the industry. The goal is to speed up the transition towards a green, climate neutral and digital Europe, and to make European industry more resilient and competitive. The EU will provide nearly €10 billion of funding that the partners will match with at least an equivalent amount of investment. This combined contribution is expected to mobilize additional investments in support of the transitions, and create long-term positive impacts on employment, the environment and society.

The proposed Institutionalized European Partnerships, some of which are building on existing joint undertakings, aim to improve EU preparedness and response to infectious diseases, develop efficient low-carbon aircraft for clean aviation, support the use of renewable biological raw materials in energy production, ensure European leadership in digital technologies and infrastructures, and make rail transport more competitive.

The European Partnerships are approaches provided by Horizon Europe, the new EU research and innovation programme (2021-2027). They aim to improve and accelerate the development and uptake of new innovative solutions across different sectors, by mobilising public and private resources. They will also contribute to the objectives of the European Green Deal and strengthen the European Research Area. Partnerships are open to a wide range of public and private partners, such as industry, universities, research organisations, bodies with a public service mission at local, regional, national or international level, and civil society organisations including foundations and NGOs. More information is available in this press release.

Share this article: