The European Commission is delivering on its pledge to invest €1 billion from the EU’s Horizon 2020 programme into coronavirus research and innovation, made at the launch of the Coronavirus Global Response initiative on 4 May. It amended the current Horizon 2020 work programme to confirm this commitment on 17 June.
The Work Programme update makes it possible to use €641 million, which is already part of the €1billion pledge, through internal budget redeployment within Horizon 2020. It uses budget not yet allocated in the Horizon 2020 work programmes as well as reflows from financial instruments.
Key actions enabled today include:
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