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An Ambitious FP9 Strengthening Europe’s Industrial Leadership
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The participation of both Industry and Research and Technology Organisations (RTOs) in EU R&I Framework Programmes is essential to turn ideas into impact-driven and value-creating technologies, applications, and solutions. Among others, the engagement of the whole innovation ecosystem is supported by the contractual Public Private Partnerships (cPPPs) and Joint Technology Initiatives (JTIs). These instruments are one way to address private sector participation bringing leverage from industry.
Industry and RTOs are highly committed to the Societal Challenges and the Industrial Leadership pillars. Both should be strengthened to speed up efforts in overcoming the valley of death as well as the gap between the demonstration and commercialization phases. Contractual PPPs and the JTIs are unique platforms, which foster cooperation between public and private actors by pooling their diverse capabilities and creating the critical mass for innovative breakthrough. They also leverage the necessary funds for large-scale European projects. Understanding the channels to market as well as the challenges to upscaling, industry bridge gaps and accelerate the generation of impact and results from R&I programmes.
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Brussels, 25 June 2024 – The EU decision to continue the steel safeguard for another two-year period is a much-needed step towards ensuring the stability of the steel market amidst the highest levels of import penetration ever recorded in the EU. However, as global excess capacity is projected to increase even further in the coming years, a longer-term solution needs to be developed to address this structural challenge, says the European Steel Association.
Joint Statement
The existential threat posed by worsening non-market excess capacity cannot be ignored.