Danube-INCO.NET — Advancing Research and Innovation in the Danube Region

Glossary

Europe 2020

  • Posted on: 12.03.2012
  • Abbreviation: Europe 2020

Website: Link

Europe 2020 is the EU's growth strategy for the period 2010 - 2020. EU leaders agreed upon it in 2010, as the overall framework for a number of different initiatives.

Targets

- Employment: 75% of the 20-64 year-olds to be employed;

- Research & Development: 3% of the EU's GDP to be invested in R&D;

- Climate change and energy sustainability: greenhouse gas emissions 20% lower than 1990, 20% of energy from renewables, 20% increase in energy efficiency;

- Education: Reducing the rates of early school leaving below 10%, at least 40% of 30-34–year-olds completing third level education;

- Fighting poverty and social exclusion à at least 20 million fewer people in or at risk of poverty and social exclusion;

Each Member State has adopted its own national targets in each of these areas. You can find the country specific targets here.

Priorities

In order to achieve those targets Europe 2020 has set the following priorities:

- 'Smart growth' (building on knowledge and new ideas),

- 'Sustainable growth' (focus on green issues),

- 'Inclusive growth' (advantages also for weaker citizens and regions). 

Flagship initiatives

Flagship initiatives are engines to boost growth and jobs. In total, seven flagship initiatives have been introduced under the three above mentioned priorities. Within each initiative, both the EU and national authorities have to coordinate their efforts so they are mutually reinforcing.

Smart growth:

(1) Digital agenda for Europe;

(2) Innovation Union;

(3) Youth on the move;

Sustainable growth:

(4) Resource efficient Europe;

(5) An industrial policy for the globalization era;

Inclusive growth:

(6) An agenda for new skills and jobs;

(7) European platform against poverty;

Flagship Initiatives urge to better link research and innovation while focusing more on challenges and outcomes to be achieved. The strategic and integrated approach to research and innovation advocated by Innovation Union sets the framework and objectives to which future EU research and innovation funding should contribute.

Innovation Union is a flagship initiative which is of great relevance to Danube-INCO.NET, as it is the one which addresses research and innovation activities and is implemented with the EU Framework Programmes for Research and Innovation (see FP7 and Horizon 2020).

For more information please visit Europe 2020 website.

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