16 Nov 2022
European Court of Auditors report confirms positive results of public-private partnerships for R&I
The European Court of Auditors (ECA) has given a clean bill of health to the EU's public-private partnerships for research and innovation (R&I). The ECA has signed off the 2021 accounts of all the EU’s Joint Undertakings (JUs), and confirmed the positive results reported in previous years. Horizon Europe sets ambitious goals for the 2021-2027 budget period, and the auditors call for action to get the Horizon 2020 contribution targets over the line, to address remaining weaknesses in internal controls, and to prepare for new challenges, such as human resources planning and management.
Joint Undertakings are partnerships between the European Commission and industry, and in some cases research, intergovernmental organisations or participating states. JUs are financed by cash funds from the EU Research Framework Programmes (Horizon 2020, Horizon Europe and Digital Europe), and by in-kind contributions and other financial contributions from the other partners.
For more information:
ECA Annual report on EU Joint Undertakings for the financial year 2021