European Union

Overview

Maroš Šefčovič

Commission Vice President for Energy Union
“The global clean energy transition is ongoing and irreversible. The Paris agreement is an unprecedented success of multilateral partnership between countries across the world. Mission Innovation and the Clean Energy Ministerial are key to reach the goals of Paris and reap the benefits of the clean energy transition. This also represents a tremendous global economic and industrial opportunity. The world can count on Europe to maintain its leadership in providing a global response to climate change and accelerating the pace of clean energy innovation worldwide.”

Carlos Moedas

Commissioner for Research, Science and Innovation
“Mission Innovation is a perfect complement to the initiatives we have launched at EU level, as part of our Energy Union policy. It is a very clear expression of our view that the global challenges of climate change and the need to move to a low-carbon economy will only work through international cooperation. These are challenges that we cannot tackle alone. We need to be open to learn from each other. Open to cooperate with each other. Open to find solutions together.”

Miguel Arias Cañete

Commissioner for Climate and Energy
“The European Commission is stepping up efforts to implement the 2030 energy and climate targets; targeting investments to meet our goals and developing new, affordable clean energy solutions. Mission Innovation is instrumental in this respect. And it is more than an instrument; it is also an opportunity for us to engage with our international partners and provide urgent, collective 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

Based on CORDA data, extracted on 1 April 2019. At this time only partial data is available for 2018 because the signature of projects, based on 2018 global commitments, is continuing throughout 2019.


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 Champion, Álvaro Beltrán!