Italy

More than eight in ten respondents recognise the need to adapt their lifestyle due to the effects of climate change, according to the annual Climate Survey commissioned by the European Investment Bank (EIB). Among the challenges facing their country, respondents ranked climate change second only to the cost of living. Many believe that investing in adaptation now prevent higher costs in the future.

The European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP) have announced an agreement to strengthen their cooperation to promote public sector investment in key sectors of the Italian economy. Up to €1 billion in new funds will support sustainable regional growth and public sector investment in various sectors with a positive impact on environmental sustainability, social cohesion, and development in the south of the country.

The modernisation, upgrade and expansion of Areti’s electricity infrastructure – a company fully owned by ACEA Grup and responsible for the mains network in Rome and Formello - aims to provide increasingly efficient services to citizens.