The European Commission proposed setting up 10 new European Partnerships between the European Union, Member States and/or the 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.
The partnerships, linking Commission efforts with other governments and industry, are a central part of EU strategy to harness science and technology to solve global problems while also strengthening European industry – a mix of
pro bono and pro-Europe policies. Since this type of formal partnership began in 2002, however, it has often prompted controversy, with critics saying it gives industry too much say or benefit at taxpayer expense.
In a statement February 23, the Commission argued that the partnerships are expected “to mobilise additional investments in support of the [green and digital] transitions, and create long-term impacts on employment, the environment and society.” The budget of nearly €10 billion EU would be matched by comparable sums from the public and private partners.
New European Partnerships and nearly €10 billion for the green and digital transition ilbioeconomista.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ilbioeconomista.com Daily Mail and Mail on Sunday newspapers.
EU Monitor
The Commission proposed today to set up 10 new European Partnerships between the European Union, Member States and/or the 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.
EU to set up new European Partnerships and invest nearly €10 billion for the green and digital transition | EU Commission Press pubaffairsbruxelles.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pubaffairsbruxelles.eu Daily Mail and Mail on Sunday newspapers.