The European Commission has approved Italy’s revised post-Covid-19 recovery plan, which contains a REPowerEU chapter designed to accelerate the energy transition and reduce dependence on Russian hydrofluorocarbons (see EUROPE 13234/17).
Now with a budget of €194.4 billion, of which €122.6 billion is in the form of loans, the revised plan devotes more resources (39% of the total) to the climate transition.
New reforms and investment are focused on strengthening electricity transmission and distribution networks, energy efficiency and security, decarbonising industry, increasing the number of zero-emission rail and bus fleets, speeding up the production of renewable energy including biomethane, and enhancing workers’ skills. The digitisation of public administration and businesses, the resilience of the healthcare sector, active labour market policies and the reduction of regional disparities will all be improved.
See the Commission’s positive assessment: https://aeur.eu/f/9rf (Original version in French by Mathieu Bion)