The global coronavirus pandemic requires a global response! The crisis requires a response of unprecedented scale, speed and solidarity – the global research and innovation community is already mobilised but more needs to be done. As such, on 4 May the European Union joined forces with global partners to kick-start the Coronavirus Global Response, a worldwide pledging effort to raise €7.5 billion of funding to rapidly develop and deploy universally available and affordable diagnostics, treatments and vaccines against the coronavirus. The international pledging marathon is running until the end of May 2020 – please visit the following page if you would like to make a pledge!

To help reach the objectives of the Coronavirus Global Response, EUR 1 billion will be mobilised under the EU’s flagship programme for research and innovation, Horizon 2020. The EUR 1 billion from Horizon 2020 can be broken down in:

  • EUR 450 million for developing scientific solutions for testing, treating and preventing against the coronavirus and developing health systems
  • EUR 400 million EC guarantee of the European Investment Bank lending to finance precommercial stage investments in COVID-19 research and development (including scale up of production facilities)
  • EUR 150 million for disruptive innovations on COVID-19 under the European Innovation Council’s Accelerator

Let’s continue to support our researchers and innovators in these critical times! Together we can test, treat, prevent, and defeat it. For more information, please visit the official website of the research and innovation coronavirus response.

Your IDIH team