Commission proposes €13.2 billion for last year of Horizon 2020
On 5 June 2019, the European Commission adopted the budget for 2020 with €13.2 bn for research and innovation. This amount is the biggest and final tranche of Horizon 2020 and shows an increase of 6.4% compared to 2019.
The overall budget proposal for the EU budget 2020 is €168.3 billion with the following priority areas: competitive economy and young people; strengthening security and solidarity in the EU, climate change and beyond. 21% of the overall proposed budget for 2020 will go to tackling climate change. This aligns with the ambitious target of spending 20% of EU's current long-term budget on activities that address climate change.
The proposal is based on the assumption that the UK will participate fully in the implementation and financing of the 2020 EU budget as if it were a Member State.
Together with the draft budget, the Commission has today published a performance overview for each of the programmes financed by the EU budget