Skip to content

Increased budget for fund to support green transition (FSC 2021-2027)

2022PolicyMitigationMore details
Sectors: Economy-wide

The Italian government increased the Fund for Development and Cohesion (FSC 2021-2027) by EUR 500 million in August 2022, increasing the entire fund to EUR 2 billion. Through electrification, the substitution of renewable hydrogen for fossil fuels, and lower energy use, this will support investments that contribute to a reduction in direct GHG emissions. 80% of these projects are in Southern Italy, and 20% are in Central and Northern Italy.

Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

Other documents in this entry

Increased budget for fund to support green transition (FSC 2021-2027)
(Translation)information webpageHTMLDocument preview is not currently available

Timeline

Show

Note

This entry and summary were provided by the Climate Policy Database. If you want to use the summary, please see the terms of use for citation and licensing of third party data.