Friday, 18 June 2010

EU2020: Five headline targets (European Council 17 June 2010)

Within the wider framework of a new European strategy for jobs and growth, the European Council 17 June 2010 finalised the headline targets of the Europe 2020 strategy (document EUCO 13/10; Annex I, pages 11 to 12).

The five headline targets regarding employment, research and development, climate change and energy, education, and social inclusion and poverty reduction reform are:

- aiming to raise to 75% the employment rate for women and men aged 20-64, including through the greater participation of young people, older workers and low-skilled workers and the better integration of legal migrants;

- improving the conditions for research and development, in particular with the aim of raising combined public and private investment levels in this sector to 3% of GDP; the Commission will elaborate an indicator reflecting R&D and innovation intensity;

- reducing greenhouse gas emissions by 20% compared to 1990 levels; increasing the share of renewables in final energy consumption to 20%; and moving towards a 20% increase in energy efficiency;
the EU is committed to taking a decision to move to a 30% reduction by 2020 compared to 1990 levels as its conditional offer with a view to a global and comprehensive agreement for the period beyond 2012, provided that other developed countries commit themselves to comparable emission reductions and that developing countries contribute adequately according to their responsibilities and respective capabilities;

- improving education levels, in particular by aiming to reduce school drop-out rates to less than 10% and by increasing the share of 30-34 years old having completed tertiary or equivalent education to at least 40%; [The European Council emphasises the competence of Member States to define and implement quantitative targets in the field of education.]

- promoting social inclusion, in particular through the reduction of poverty, by aiming to lift at least 20 million people out of the risk of poverty and exclusion. [The population is defined as the number of persons who are at risk-of-poverty and exclusion according to three indicators (at-risk-of poverty; material deprivation; jobless household), leaving Member States free to set their national targets on the basis of the most appropriate indicators, taking into account their national circumstances and priorities.]

We are going to look at the European Council’s road map from ambitions to arrival.

Ralf Grahn