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Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure IT-2022-1/2164 – measures in Italy

Incentives for the industrial and ecological transition

Incentivi per la transizione industriale ed ecologica

Country Italy , applies nationwide
Time period Open ended, started on 01 January 2022
Context COVID-19, Green Transition
Type Legislations or other statutory regulations
Category Reorientation of business activities
– Change of production/Innovation
Author Anna Mori (University of Milan)
Measure added 12 January 2022 (updated 04 February 2022)

Background information

The Ministry of Economic Development has established an ad hoc fund for the industrial and ecological transition of companies. The fund was established with the Budget Law for the year 2022, approved on 30 December 2021. The fund has the objective to promote innovation in the Italian companies as a further way to recover from the detrimental impact of the COVID-19 crisis. Furthermore, it aims to promote the adaptation of the national production system to European policies in the fight against climate change.

Content of measure

The Ministry of Economic Development has established an ad hoc fund for the industrial and ecological transition of companies with an initial endowment corresponding to €150 million for the year 2022. The incentives promoted through the fund will have the objective of encouraging the adaptation of the national production system to European policies in the fight against climate change. To achieve this purpose, the fund will finance subsidies to companies aimed at making investments for energy efficiency, for the reuse and productive use of raw materials and recycled materials. The criteria to benefit from the incentives will be clarified by the Ministry of Economic Development in a further decree still to be issued.

Use of measure

No data available.

Target groups

Workers Businesses Citizens
Does not apply to workers Applies to all businesses Does not apply to citizens

Actors and funding

Actors Funding
National government
Company / Companies
National funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role No involvement as case not in social partner domain No involvement as case not in social partner domain
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • No involvement
  • Main level of involvement: N/A

Involvement

The social partners have not been involved.

Views and reactions

The social partners have not been involved.

Sources

Citation

Eurofound (2022), Incentives for the industrial and ecological transition, measure IT-2022-1/2164 (measures in Italy), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/IT-2022-1_2164.html

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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.