Factsheet on the role of R&I investments

30 Nov 2020

Mariya Gabriel EU Commissioner for Innovation, Research, Culture, Education and Youth in a the Factsheet – Role of Research and innovation investments- from 27 November 2020 said:

“Investments in research and innovation improve Europeans’ quality of life. Research and innovation accelerate the green and digital transformations that our planet needs, but also increase the competitiveness of our economies. The EU and Member States need to allocate enough resources in science, research and innovation to shape the future we want.”

Investments in research and innovation ensure a sustainable and inclusive future Europe faces societal, ecological and economic challenges, aggravated by the coronavirus crisis. Research and innovation are best placed to:

  • Accelerate the green and digital transitions
  • Strengthen resilience and crisis preparedness
  • Support Europe’s global competitiveness

Europe must invest in research and innovation to keep its scientific and technological leadership. Europe is leading scientific and technological progress in the fields of energy, climate, environment, food and bioeconomy. However, to deliver on the digital and green transitions, the EU needs to keep boosting its investment in research and development (R&D).

Read the full Factsheet here