Impact Investing
CDP Approves €1.5 Billion Package to Boost Industry, Renewables, and International Development
The Board of Cassa Depositi e Prestiti approved €1.5 billion in funding to support strategic industries, SMEs, renewable energy, and international cooperation. Resources will boost exports, digitalization, and sustainability, while advancing decarbonization and infrastructure projects abroad. Aid also includes credit access in North Africa and mortgage relief for earthquake-affected Italian municipalities.
CDP’s Board of Directors has approved operations worth approximately €1.5 billion. The resources will go to strategic businesses, renewables, and international cooperation.
A new package of operations worth approximately €1.5 billion was approved by the Board of Directors of Cassa Depositi e Prestiti. The resources will be used to strengthen strategic industrial sectors, support the energy transition, and expand commitment to international cooperation. At the same meeting, initiatives to support local authorities affected by the 2016-2017 earthquake in Central Italy and to foster the growth of SMEs were also approved.
A significant portion of the operations involve supporting groups active in sectors key to national competitiveness. The financing, partly structured in conjunction with other credit institutions, is therefore aimed at accelerating industrial investments and supporting exports , particularly in the transportation and tourism sectors. These interventions can generate benefits for the region by supporting the local economy through the growth of key production chains.
In addition to large groups, the CDP Board of Directors has also authorized interventions aimed at SMEs, Small and Mid-Caps , with tools designed to support technological innovation programs, process digitalization, and improved sustainability performance. The operations may also be developed in collaboration with European institutions, with a view to leveraging financial leverage and integrating resources.
CDP backs strategic sectors, green transition, SMEs, and international development with new €1.5 billion package
A specific chapter is dedicated to the green transition. The new resolutions provide funding for the modernization and efficiency improvements of renewable energy production plants , with the aim of contributing to the decarbonization process and strengthening the national production capacity in the sector.
Internationally, CDP is expanding its scope of sustainable investments. Approved initiatives include tools to facilitate access to credit for agri-food microenterprises in North Africa, with the aim of promoting financial inclusion and local development. In the Middle East, resources will be directed towards water security projects and the construction of strategic infrastructure , as well as climate adaptation and mitigation efforts in emerging economies, also in coordination with European development institutions.
The CDP Council also approved a further deferral of mortgage payments for the municipalities and provinces of Abruzzo, Lazio, Marche, and Umbria affected by the 2016-2017 earthquakes, in line with the provisions of the 2026 Budget Law.
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(Featured image by Jean Paul Wettstein via Pexels)
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First published in ESG NEWS. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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