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

• 30 December 2021: Minister for the Economic Development (www.mise.gov.it)