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 2010 - 2020 decade. It emphasised smart, sustainable and inclusive growth in order to improve Europe's competitiveness and productivity and underpin a sustainable social market economy.
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 Europe 2020 key targets?
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 about the situation for the EU?
Now that the Europe 2020 strategy has approached the end of its life cycle, it is clear that it has provided an important contribution to the EU’s socio-economic development since its launch in 2010. Europe’s employment is at a record high, the greenhouse gas emissions objective and the higher education targets have been met, and Europe made good progress towards the renewable energy and energy efficiency targets. However, considerable advancment is still needed for stimulating more investment in research and innovation and for fighting poverty and social exclusion.
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 the Code of practice applicable to the European Statistical System; and the legal framework.
Explore in depth the past trends to back up the monitoring towards Europe 2020 targets in the 2020 Statistics Explained article.
With our scoreboard, you can easily get an impression of the situation and developments in your country for all indicators over the last years.
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.