|Policy status:||In Force|
|Policy Type:||Policy Support>Institutional creation, Economic Instruments>Fiscal/financial incentives>Taxes|
|Policy Target:||Energy Sector>Energy Efficiency / Demand Reduction, Energy Sector>Electricity Generation>Renewable, Framework/ Multi-sectoral Policy|
|Agency:||Ministry of Economy and Finance / Ministry for the Environment Land and Sea|
|Legal References:||Art 110 Finance Law 2001; Ministerial decrees 25 November 2008 and 17 November 2009; Ministerial decree 19 July 2011;|
The financial law, approved at the end of the year 2000, establishes a fund for the reduction of atmospheric emissions and the promotion of energy efficiency and sustainable energy sources. The fund is financed from a portion equal to 3% of the receipts accruing from the Law 23/12/1998 N.448 (carbon tax). Among other activities, the fund will finance up to 80% of the cost of programmes for installation of solar collectors (mostly PV), particularly in southern Italy, and reforestation programmes to increase absorption of CO2. The most recent intervention aimed at promoting measures for reducing GHG emissions, increasing energy efficiency and the use of renewable energy sources is the "Revolving Kyoto Fund".
Last modified: Mon, 10 Nov 2014 10:56:28 CET