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EU Missions are large-scale initiatives under Horizon Europe setting clear, time-bound goals that drive focused efforts towards some of our greatest challenges such as climate change, cancer, ocean restoration, soil health, and the development of climate-neutral and smart cities. By bringing together researchers, policymakers, citizens, and stakeholders, EU Missions pool the necessary resources to drive innovation and deliver concrete solutions for societal benefit. 

The European Commission has launched five EU Missions:

This cluster aims at reducing environmental degradation, halting and reversing the decline of biodiversity on land, inland waters and sea and better managing natural resources through transformative changes of the economy and society in both urban and rural areas.

This cluster aims to fight climate change by better understanding its causes, evolution, risks, impacts and opportunities, and by making the energy and transport sectors more climate and environment-friendly, more efficient and competitive, smarter, safer and more resilient.

The expected impacts of this cluster are contained in the Horizon Europe strategic plan.

Areas of intervention

The Public Loan Facility complements the two other pillars of the Just Transition Mechanism, the Just Transition Fund (JTF) and a dedicated just transition scheme under InvestEU. It helps to address the socio-economic challenges of the transition to climate neutrality in the most affected territories as identified in the territorial Just Transition Plans.

The InvestEU Fund is a market-based and demand-driven instrument, with a strong emphasis on EU policy priorities. It supports the following 4 Policy Windows:

• Sustainable infrastructure

Financing projects in sustainable energy, digital connectivity, transport, the circular economy, water, waste, other environment infrastructure and more.

• Research, innovation and digitalisation

• Investment loans for single large investment projects

The Technical Assistance Projects (TA projects) may include the following:

1. Projects for the preparation of SNAPs or SIPs (TA-PP).
These projects are aimed at providing financial support to help applicants to prepare a SNAP or a SIP for a maximum LIFE contribution of EUR 70 000. They represent the continuation of the technical assistance projects financed under the LIFE programme 2014-2020.

Since 2002, URBACT has been driving change all over Europe by enabling the cooperation and idea exchange amongst cities within thematic networks, by building the skills of local stakeholders in the design and implementation of integrated and participatory policies, and by sharing knowledge and good city practices.

Horizon Europe is the EU’s key funding programme for research and innovation.

It tackles climate change, helps to achieve the UN’s Sustainable Development Goals and boosts the EU’s competitiveness and growth.

The programme facilitates collaboration and strengthens the impact of research and innovation in developing, supporting and implementing EU policies while tackling global challenges. It supports the creation and better diffusion of excellent knowledge and technologies.

Renewable Energy Financing Mechanism (RENEWFM)

The EU Renewable Energy Financing Mechanism (RENEWFM) supports new renewable energy projects. It encourages a greater uptake of renewable energy sources across the EU. This will help the EU to achieve its target of the renewable energy share in the final energy consumption by 2030 in a cooperative and cost-effective manner.

Objectives of the EU renewable energy financing mechanism