European Union

Overview


Mariya Gabriel

Commissioner for Innovation, Research, Culture, Education and Youth
“Clean energy is the key element of dual challenge of climate change and the need to move to a low-carbon economy. As the problem is global, the solutions will only work through international cooperation. Mission Innovation is a successful platform to keep countries involved in concrete discussions how to work on, learn from and facilitate deployment of, clean energy innovations. It’s a complement to the ambition of the European Green Deal.”

Kadri Simson

Commissioner for Energy
“Globally, our focus is to maintain energy dialogues with our international partners. Mission Innovation has contributed to these discussions by keeping investment in clean energy high on the political agenda. Our clean energy targets can only be achieved through investments in new, affordable clean energy solutions. Mission Innovation is instrumental in this respect. We welcome its continued efforts to engage international players and develop breakthrough solutions.”

Role in MI


Progress towards doubling public investment

Country-determined baseline year(s): 2013-2015
Baseline funding amount: EUR ‎€989 million (USD $1.1 billion)
Doubling target year: 2020
Doubling target amount: EUR €1.974 billion (USD $2.2 billion)

Find out more about how the European Commission’s baseline and doubling are calculated

*Figures in the spending chart are based on USD exchange rates in 2020

Data is based on signed projects. For 2019 (Fourth Year), data is still preliminary because not all projects to be supported are signed at the time of analysis.


News and events

  • On October 17, 2018, Carlos Moedas, Commissioner for Research, Science and Innovation, and Bill Gates, Chairman of Breakthrough Energy Venture, signed a Memorandum of Understanding to establish Breakthrough Energy Europe (BEE), a joint investment fund that will help innovative European companies develop and bring to market radically new clean energy technologies.
  • On 22 May, 2018, the MI Secretariat, the International Energy Agency and the European Commission Joint Research Centre held a joint workshop to enhance the collection and understanding of data on public and private spending on energy RD&D.

MI Champions

MI Champions is a program for recognizing and supporting the next wave of energy technology leaders.
Meet the European Commission’s Champions!

Álvaro Beltrán (2019)

María Luisa Hernández Latorre (2020)