Horizon Europe, the EU research and innovation programme will have a budget of around €95.5 billion for 2021-2027. This includes €5.4 billion from NextGenerationEU (see post below) to boost recovery and make the EU more resilient for the future, as well as an additional reinforcement of €4.5 billion. Overall this represents a 30% increase vis-à-vis the current research and innovation programme, Horizon 2020 and makes it the most ambitious research and innovation programme in the world.

The aim is to strengthen the region’s scientific and technological base, develop solutions for healthier living, drive digital transformation and fight climate change, for the EU’s collective resilience. This political agreement is now subject to formal approval by the European Parliament and Council.