​Universities and funders share cost of open access publishing in new agreement

Higher Education Institutions (HEIs) and research funding organisations should share the costs of scholarly publishing. This is one of the National Library of Sweden’s recommendations in aiming towards a system of immediate access to scholarly publishing. In a new pilot agreement, it becomes reality. The Swedish Research Council, Formas, Forte and Vinnova fund 50 percent of the cost of publishing in Springer Nature’s fully open access journals.

This is the first agreement of its kind that the publisher Springer Nature signs with a library consortium. Through the agreement, the publisher will receive an advance payment for articles accepted for publishing in Springer Nature’s fully open access journals.