A European Economic Recovery Plan

 - Adopted by the EC on 26 Nov 2008 and endorsed by the EU Council on 11-12 Dec 2008 “To support
innovation in manufacturing, construction and in the automobile sector, which have recently seen demand plummet as a result of the crisis and which face significant challenges in the transition to the green economy…”

- The European green car initiative is one of 3 Public-Private Partnerships (PPPs) proposed, along with:
 European energy efficient buildings initiative
 Factories of the future initiative

Public-Private Partnerships

 -  Objective: to promote the convergence of public interest with industrial commitment and leadership in determining strategic research activities

- Quick response: use existing schemes & structures (FP7 and ETPs)

-  Smart investments : to improve competitiveness of European industries & environmental  rotection

- Implementation approach: cross-thematic calls and exploitation of other possibilities
 

Download full text