Making Horizon Europe a tool to truly achieve the Paris Agreement goals

The author contends that Horizon Europe, the EU's primary research and innovation financing tool for 2021-2027, requires a higher budget and stricter climate-proofing to support the transition to a carbon-neutral economy. Key recommendations include increasing the climate-spending target to at least 40%, explicitly excluding funding for fossil fuel projects, raising the total budget to €120 billion, and creating stronger synergies with the Innovation Fund to bridge the gap between research and market deployment.

• The author argues that the current European Commission proposal for Horizon Europe is insufficient and recommends increasing the budget dedicated to climate objectives to at least 40%, surpassing the Commission's proposed 35% and the European Parliament ITRE committee's "at least 35%" provision.
• To ensure consistency with Paris Agreement commitments, the author asserts that Horizon Europe must be 'climate-proofed' by prohibiting any funding for research and innovation projects based on fossil fuels, including natural gas, to avoid perpetuating carbon-intensive infrastructure.
• The author supports the European Parliament's proposal to increase the total Horizon Europe budget to €120 billion, stating that the current budget is inadequate to drive the deployment of clean low-carbon technologies.
• The document emphasizes the need for coherent alignment and synergies between Horizon Europe and the Innovation Fund, where Horizon Europe handles research and development and the Innovation Fund supports the demonstration phase to help technologies overcome the "valley of death" before reaching the market.

APA

Ruggiero, A. (2018). Making Horizon Europe a tool to truly achieve the Paris Agreement goals. Carbon Market Watch. https://carbonmarketwatch.org/2018/11/30/making-horizon-europe-a-tool-to-truly-achieve-the-paris-agreement-goals-oped/

Chicago

Ruggiero, Agnese. Making Horizon Europe a tool to truly achieve the Paris Agreement goals. Carbon Market Watch, 2018. https://carbonmarketwatch.org/2018/11/30/making-horizon-europe-a-tool-to-truly-achieve-the-paris-agreement-goals-oped/.

Wikipedia

{{cite press release |last1=Ruggiero |first1=Agnese |title=Making Horizon Europe a tool to truly achieve the Paris Agreement goals |publisher=Carbon Market Watch |date=30 November 2018 |url=https://carbonmarketwatch.org/2018/11/30/making-horizon-europe-a-tool-to-truly-achieve-the-paris-agreement-goals-oped/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{ruggiero2018making, author = {Ruggiero, Agnese}, title = {{Making Horizon Europe a tool to truly achieve the Paris Agreement goals}}, publisher = {Carbon Market Watch}, year = {2018}, month = nov, url = {https://carbonmarketwatch.org/2018/11/30/making-horizon-europe-a-tool-to-truly-achieve-the-paris-agreement-goals-oped/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }