March 01, 2021
EU to set up new European Partnerships and invest nearly €10 billion for the green and digital transition

On 23 February, the Commission proposed to set up ten new European Partnerships between the EU, Member States and/or 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 mobilise additional investments in support of the transitions, and create long-term positive impacts on employment, the environment and society.

The proposed Institutionalised European Partnerships 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.

Consult all information here.