Research Funding at the Forefront of EU Strategy in the Draghi Report
Mario Draghi’s report, “The Future of European Competitiveness,” calls for the EU to boost research and innovation spending to EUR 750-800 billion annually to compete with the US and China. It emphasises meeting the 3% GDP target for R&D and highlights the need for transparent, inclusive funding processes. Science Europe supports these recommendations, stressing the importance of increased R&D funding to ensure the EU’s competitiveness and innovation capacity.