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Agreement on Horizon Europe budget between Council and Parliament

Published on | 4 years ago

Programmes Horizon Europe

The budget for the next European framework programme for research and innovation Horizon Europe 2021-2027, will be around €95.5 billion in current prices. Part of this budget is coming from Next Generation EU, €5.4 billion in current prices, and €4.5 billion in current prices comes from among others fines for breaking EU competition law.

The political agreement, reached on 11 December, between the German Presidency of the Council and the negotiators of the European Parliament for the proposed regulation establishing Horizon Europe, will still have to be formally approved by the Council and European Parliament. The regulation can only be formally adopted after the formal adoption of the EU's long-term budget, the Multi Financial Framework for 2021-2027.

EU Council press release

European Commission press release

Science Business article ‘EU announces budget breakdown for Horizon Europe after 14-hour talks’

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RUSTICA - Converting organic residues into bio-based fertiliser products

The RUSTICA project obtained funding under Horizon 2020, more in particular under the topic ‘Closing nutrient cycles’.  RUSTICA focuses on demonstration and implementation of circular bio-based nutrient valorisation chains, focusing on waste from the fruit and vegetable agro-food system. The project kicked off in 2021 and will run until 2024. It will use a strong multi-actor approach to co-create both socio-economic and technological knowledge in four case study regions in Europe and one in Colombia. The Flanders-based company DRANCO is one of the project partners and acts as technical project manager for the entire project. DRANCO participates in the project to develop its own technologies, to network and to help make the transition to a more circular based economy.