Beyond accumulating new knowledge, developing new technologies or increasing European competitiveness, Horizon Europe aims to achieve tangible benefits for European citizens related to the main challenges addressed by the programme (Digital transition, Ecological transition (Green Deal), Health resilience, Economic resilience and recovery).
Horizon Europe is evolving into an impact-driven framework programme, based on a new holistic monitoring approach.
This new Horizon Europe programme will be monitored as a virtuous circle to design (Intervention logic at the level of clusters, destinations, missions), implement (at the level of strategic Plan, Work Programme Proposal template, Project reporting) and assess the programme’s impacts (through Monitoring Key Impact Pathways, Management & Implementation Data, Interim and ex-post evaluation).
For maximising impact at the level of the programme, new features have been introduced, among them, enlarged international cooperation, an in-depth open science policy, missions orientation and citizens’ involvement, to name a few.
The Horizon Europe Legislation has defined 3 types of impacts, tracked with key Impact Pathways (KIP).
The impact logic of the programme is framed by Key Impact Pathways (KIP) detailed in the figure below and defined by Horizon Europe legislation.
The European Union’s (EU) Green Deal is the EU’s main new growth strategy to transition the EU economy toward a sustainable economic model. The proposed financing of the EU Green Deal is set out in the EU Green Deal Investment Plan.
Several funding mechanisms were created to facilitate the EU Green Deal, totalling over €1 trillion. Over 50% of the budget, €528 billion, will come directly from the EU budget and the EU Emissions Trading System.
The rest will be sourced through the InvestEU programme, which combines €279 billion from public and private sectors to 2030 and €114 billion from national co-financing. It will provide an EU budget guarantee to allow the EIB Group and others to invest in higher-risk projects, enabling private investment.
Author: Rodrigo Sanz, Manager European Funds at Euro-Funding
Climate change and environmental degradation are the existential threats facing Europe and the rest of the world today. To overcome these challenges, Europe needs a new growth strategy to transform the Union into a modern, resource-efficient and competitive economy. The European Union will therefore respond to these challenges through the Green Deal call, based on sustainable growth that aims to end net greenhouse gas emissions by 2050 so that economic growth is decoupled from resource use.
The European Commission announced yesterday that over 2,000 sustainable innovation companies from 38 different countries have applied for financial support of €7.8bn from the one-off EIC Accelerator Green Deal call. We can expect a 4% success rate for this call, a similar level as for the October 2019 cut-off.
When Commission President Ursula von der Leyen outlined Europe’s “green recovery” plan to the European Parliament last week, it was understood that the Green Deal would be placed at the centre of the EU’s recovery effort.
The Green Deal has the capacity to help the EU economy recover from the COVID-19 crisis, with proposals of this specific call focusing on the following aspects:
- climate mitigation
- the transition to a clean & circular economy
- zero pollution ambitions
- toxic free environments
Read more here.