The document proposes establishing an Interregional Observatory for the Lisbon Strategy to monitor the impacts of the strategy at a regional level, support regional policymaking, and promote prospective work. The Observatory would gather and analyze data on topics like innovation, R&D, education, and social inclusion across 12-15 regions. It would be based in Lisbon and Brussels with antennas in each region, and financed initially through EU programs over 3 years to provide regular analysis and reports on progress under the Lisbon Strategy.