The overall objective of the ERA-NET Cofund Action ‘ForestValue – Innovating forest-based bioeconomy’ is to promote increased innovation and competitiveness of the forest-based sector in Europe and support its transformation from a resource-intensive to a knowledge-intensive, productive, resource-efficient and resilient sector.
The aim of ForestValue is to comprise the joint implementation of a trans-national call for proposals for research, development and innovation in the forest-based sector with a clear financial commitment from the participating national (or regional) research programmes and the EU.
The consortium consists of 30 partners representing different programmes in the bioeconomy funding sector, coming from different regions and countries inside/outside Europe.
For more information, please check the ForestValue Fact Sheet in CORDIS, the Community Research and Development Information Service of the European Commission.
Project duration: 1 October 2017 – 31 March 2023 (66 months)
ForestValue builds on the success of three forest-based ERA-NETs: WoodWisdom-Net (running since 2004, the present phase WoodWisdom-Net + running under the FP7 ERA-NET Plus Scheme 2012-2017), SUMFOREST (Tackling the challenges in sustainable and multifunctional forestry through enhanced research coordination for policy decisions, 2014-2017) and FORESTERRA (Enhancing forest research in the Mediterranean through improved coordination and integration, 2012-2015).
In total, these three ERA-NETs behind ForestValue have had national investments of around 67 MEUR to a variety of trans-national co-funded RDI projects (64 funded projects), the total volume of these projects being around 86 MEUR. Now, after the joint effort under the ForestValue ERA-NET Cofund, the total volume of national investments is expected to grow with another 25 MEUR, which means that since the first ERA-NET in 2004 the total national investments into forest research through these networks of national funders will be up to more than 100 MEUR.