The SPICAM (SPectroscopy for the Investigation of the Characteristics of the Atmosphere of Mars) instrument consists of two spectrometers. The UV spectrometer addresses key issues about ozone and its H2O coupling, aerosols, the atmospheric vertical temperature structure and the ionosphere. The IR spectrometer is aimed primarily at H2O abundances and vertical profiling of H2O and aerosols. SPICAM's density/temperature profiles will aid the development of meteorological and dynamical atmospheric models from the surface up to 160 km altitude. UV observations of the upper atmosphere will study the ionosphere and its direct interaction with the solar wind. They will also allow a better understanding of escape mechanisms, crucial for insight into the long-term evolution of the atmosphere.