European Commission approves EU's EUR 95.5 billion research, innovation framework program

TALLINN - The European Commission on Monday adopted the first strategic plan for the European Union's new research and innovation framework program, valued at 95.5 billion euros in current prices.

The plan determines the strategic directions for the distribution of investments during the first four years of the program, the European Commission's representation in Estonia said.

The directions are to increase open strategic autonomy; restore European ecosystems and biodiversity and sustainable management of natural resources; transform the European economy into the first digital, climate-neutral and sustainable circular economy; and create a more resilient, inclusive and democratic European society.

In order to implement the main objectives of the strategic plan, a work plan of the program has been prepared, which presents the possibilities for research and innovation funding through thematic calls for proposals and themes. The first calls for proposals will be announced in spring 2021.