Delegation of the European Union 
to the United States

EU to invest €30 billion in new solutions for societal challenges and breakthrough innovation

01/11/2017 - 18:26

On 27 October, the EU launched the Work Programme 2018-20 of Horizon 2020. Director General Robert-Jan Smits presented the priorities at a launch event in Washington DC.

He outlined the priority areas for investment:

  • A low-carbon, climate resilient future: €3.3 billion
  • Circular Economy: €1 billion
  • Digitising and transforming European industry and services: €1.7 billion
  • Security Union: €1 billion
  • Migration: €200 million

€2.2 billion will be earmarked for clean energy projects in four interrelated areas: renewables, energy efficient buildings, electro-mobility and storage solutions, including €200 million to support the development and production in Europe of the next generation of electric batteries. Horizon 2020 will also continue to fund 'curiosity-driven science'. The annual Work Programme of the European Research Council for 2018, adopted in August, will enable support for excellent researchers with nearly €1.86 billion. Marie Skłodowska-Curie Actions, which fund fellowships for researchers at all stages of their careers, receive a boost with €2.9 billion in total over three years. The new Work Programme also strengthens international cooperation in research and innovation. It will invest over €1 billion in 30 flagship initiatives in areas of mutual benefit. Examples include working with Canada on personalised medicine, with the US, Japan, South Korea, Singapore and Australia on road transport automation, with India on water challenges and with African countries on food security and renewable energies.

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