Europe 2020 - Overview
What is the Europe 2020 strategy about?
The Europe 2020 strategy is the EU's agenda for growth and jobs for the current decade. It emphasises smart, sustainable and inclusive growth in order to improve Europe's competitiveness and productivity and underpin a sustainable social market economy.
To reach this objective, the EU has adopted targets to be reached by 2020 in five areas:
- Research & Development
- Climate change & energy
- Poverty and social exclusion
What are the key targets to be reached by 2020?
The headline targets related to the strategy's key objectives at the EU level cover:
> 75% of the population aged 20 to 64 years to be employed;
- Research & Development:
> 3% of GDP to be invested in the R&D sector;
- Climate change & energy:
> Greenhouse gas emissions to be reduced by 20% compared to 1990;
> Share of renewable energy sources in final energy consumption to be increased to 20%;
> Energy efficiency to be improved by 20%;
> Share of early school leavers to be reduced under 10%;
> At least 40% of 30 to 34 years old to have completed tertiary or equivalent education;
- Poverty and social exclusion:
> At least 20 million people fewer at risk of poverty or social exclusion.
The EU-level targets have been translated into national targets in each EU country, reflecting different situations and circumstances.
What is the current situation for the EU?
Developments since 2008, the baseline year for monitoring the Europe 2020 strategy, shows a rather mixed picture. Substantial progress has been made in the areas of climate change and energy, as well as in education. However, there is still some way to go to meet the targets on R&D investment, employment and poverty alleviation, although more recent developments for the latter two are promising.
What is Eurostat’s role?
Eurostat has been involved in the process of defining the indicators to support the Europe 2020 strategy and it monitors the headline targets with nine indicators. Eurostat’s role is:
- To ensure the statistical support for the strategy;
- To provide methodological support in the process of developing indicators;
- To liaise with other Commission DGs, in particular on the definition and choice of indicators to support the strategy;
- To produce and supply the relevant statistical data;
- To ensure high quality standards for data - that is guaranteed through a Code of practice applicable to the European Statistical System, a legal framework and a communication on quality of statistics.
This chart quickly shows you the current situation of the EU, its progress made since 2008 and its distance to the Europe 2020 key targets.
With our scoreboard, you can easily get an impression of the situation and developments in your country for all indicators over the last years.
Explore in depth past trends and latest statistics useful to back up the monitoring towards Europe 2020 targets in our publication “Smarter, greener, more inclusive?”.
Monitor the implementation of the roadmap to a resource efficient Europe with our dedicated scoreboard.
This section on our website presents information on the circular economy and visualisation tools.
This section on our website provides a detailed overview on the SDGs in an EU context, including several visualisations.