Considerations on COM(2019)330 - Strategic Innovation Agenda of the European Institute of Innovation and Technology (EIT) 2021-2027: Boosting the Innovation Talent and Capacity of Europe

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table>(1)Regulation (EU) 2021/819 of the European Parliament and of the Council (3), and in particular Article 4 thereof, provides for the adoption of a Strategic Innovation Agenda (SIA).
(2)The SIA should set out the priority fields and the strategy for the European Institute of Innovation and Technology (EIT) for the seven-year period concerned in accordance with Regulation (EU) 2021/695 of the European Parliament and of the Council (4), should establish the EIT’s key actions and should include an assessment of the EIT’s expected social, economic and environmental impact, its outreach activities and its capacity to generate best innovation added-value. The SIA should take into account the results of the continuous monitoring and periodic independent evaluation of the EIT.

(3)The SIA should also take into account the strategic planning of Horizon Europe – the Framework Programme for Research and Innovation (Horizon Europe), established by Regulation (EU) 2021/695, establish and foster appropriate synergies and complementarities between EIT activities and other relevant Union, national and regional initiatives, instruments and programmes, and ensure consistency with Union priorities and commitments, including those referred to in the communications of the Commission of 11 December 2019 on the European Green Deal, of 27 May 2020 on EU budget powering the recovery plan for Europe (Recovery Plan for Europe), of 19 February 2020 on a European strategy for data, of 10 March 2020 on an SME Strategy for a sustainable and digital Europe and of 10 March 2020 on a New Industrial Strategy for Europe and those related to achieving Europe’s strategic autonomy, while retaining an open economy.

(4)The SIA should include an estimate of financial needs and sources for the future activities of the EIT. It should also include an indicative financial plan covering the period of the relevant multiannual financial framework (MFF).

(5)In order to ensure the continuity of the activities of the EIT and the Knowledge and Innovation Communities (KICs) in compliance with the relevant provisions of Regulation (EU) 2021/695, this Decision should enter into force as a matter of urgency and should apply, with retroactive effect, from 1 January 2021.

(6)Since the objectives of this Decision cannot be sufficiently achieved by the Member States but can rather, by reason of scale and transnationality, be better achieved at Union level, the Union may adopt measures, in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty on European Union. In accordance with the principle of proportionality as set out in that Article, this Decision does not go beyond what is necessary in order to achieve those objectives.

(7)Decision No 1312/2013/EU of the European Parliament and of the Council (5) should be repealed,