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Horizon 2020: €30 billion invested over the next three years

Oct 27, 2017 | News

(27 October 2017) – The European Commission today announced how it will spend €30 billion of the EU research and innovation funding programme Horizon 2020 during 2018-2020.

Horizon 2020

Horizon 2020, the EU’s €77 billion research and innovation funding programme, supports scientific excellence in Europe and has contributed to high-profile scientific breakthroughs such as the discovery of exoplanets and gravitational waves.

Over the next 3 years, the Commission will seek greater impact of its research funding by focusing on fewer, but critical topics such as:

• 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.

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