Joint Undertakings (JUs), the EU’s eight public-private partnerships are funding cutting-edge research and innovation across key industrial sectors - smarter and greener mobility, innovative healthcare, improved circular economy, cleaner energy and better electronics.
Today, these partnerships are launching a publication Innovation in action. Joint Undertakings for cutting-edge research in Europe to highlight their key achievements under Horizon 2020, the EU’s research and innovation programme.
In seven years of the programme, the JUs have invested €5.26 billion of EU funds in projects tackling the biggest challenges in Europe. By bringing project results closer to the market and strengthening the link between research and industry, the JUs have boosted competitiveness and jobs in the EU, and encouraged greater private investment in research and innovation.
'Without any doubt, Joint Undertakings are key contributors to the green recovery in Europe,' said BBI JU Executive Director Philippe Mengal on the occasion of the publication launch. 'BBI JU alone has funded over 120 bio-based industries projects, in particular flagship biorefineries that are first-of-their-kind in Europe and are expected to reduce over 600 000 tons of CO2 emissions per year, while creating thousands of jobs, mostly in rural and coastal areas. These are very concrete actions in support of green economy, which are meeting the goals of the European Green Deal,' he added.
In total, all JUs have funded over 4,000 partners in 50 countries, representing over 12% of all Horizon 2020 participants. In particular, they have supported one fifth of all SMEs taking part in Horizon 2020 projects. In the case of BBI JU the support to specific actors is even higher - more than 35% of the partnership’s funding goes to SMEs and 30% to research centres and universities.
Other facts you should know about BBI JU:
- 84 % of projects will deliver bio-based products that will lower greenhouse gas emissions by replacing fossil-based alternatives
- 75 % of projects contribute to waste reduction, reuse, and recycling
- 82 % of projects result in the creation of new skilled jobs, most of them in rural areas
Take a look at the full publication to find out more about the achievements of BBI JU, Clean Sky 2, Fuel Cells and Hydrogen, Innovative Medicines Initiative, Electronic Components and Systems for European Leadership, Fusion for Energy, Sesar and Shift to Rail Joint Undertakings.