Carlos Moedas
© European Union, 2015

H2020 to receive €16bn over two years

The European Commission has announced that Horizon 2020 will benefit from a budget of almost €16bn during 2016 and 2017.

The announcement comes as officials agree the new 2016-2017 Horizon 2020 Work Programme.

European Research Commissioner Carlos Moedas said that research and innovation were “the engines of Europe’s progress and vital to addressing today’s new pressing challenges like immigration, climate change, clean energy and healthy societies.”

He added that investment from Horizon 2020 “would support Europe’s top scientific efforts” and would make a “difference to citizens’ lives”.

Brussels has been keen to emphasise that the new Work Programmes are directly aligned with the policy priorities of the Juncker Commission. The EU institution says the funding opportunities “will substantially contribute” to the Jobs, Growth and Investment Package, the Digital Single Market and Energy Union and Climate change policy.

It is also expected that Horizon 2020 will support the Internal Market with stronger industry and help make Europe a greater global actor.