More than EUR 125 million of EU funding to go towards the forest-based sector

From 2007 to 2013, the forest-based sector saw a 100 % increase in EU funding, totaling almost EUR 600 million. In 2015, the initial phase of the EU Research Program Horizon 2020, more than EUR 125 million was rewarded the sector for research and innovation projects. All in all, FTP’s efforts over the past ten years has resulted in EUR 1 billion in EU funding for research and innovation projects. This upward trend is evidence of existing confidence that the sector is capable of delivering the sustainable bio-based products and services that will serve as the foundation on which to build a fossil-free society.