The European Commission and the Eureka inter-governmental network signed off on a €1 billion European Partnership on Innovative SMEs at the 28th Eureka ministerial conference in Estoril, Portugal this week.
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More than half of the world’s population live in urban areas. By 2050, that figure is expected to rise to 6.5 billion people – two thirds of all humanity. The COVID-19 pandemic has exacerbated the sustainability challenges facing urban areas. For instance, the use of masks and other disposable plastics has significantly increased urban plastic pollution and inappropriate waste management practices. But rapid technological change opens new possibilities for innovatively addressing urban problems, at a lower cost and more sustainably.