Up to 110,000 science research posts will be created at 16,000 universities, research institutions and companies as part of a €6.4-billion (US$8.25-billion) investment by the European Commission (EC), says Mark English, EC spokesman for research, innovation and science. The 2011 budget — the largest ever for EC research and up 12% from 2010 — will help to lift Europe's economy by speeding discoveries into the market, said Máire Geoghegan-Quinn, commissioner for research, innovation and science, on 19 July. The funds will largely support research into climate change, food security and health. Innovation is the best way to create “good jobs that will withstand globalization”, said the commissioner.