Country:Italy
Year:2012
Policy status:In Force
Jurisdiction:National
Date Effective:2012
Policy Type:Economic Instruments>Fiscal/financial incentives
Policy Target:Multi-Sectoral Policy
Agency:Ministry of the Environment and Protection of the Territory (MATT), Ministry for Economic Development and Cassa Depositi e Prestiti (CDP)
URL:http://portalecdp.cassaddpp.it/cdp/Areagenerale/FondoKyoto/index.htm
Legal References:Financial Law 2007; Law 134 of 7 August 2012
Funding:200M€ per year for the period 2012-2014
Description:

The Kyoto Rotation Fund is active since the 2012, 15th of March. SMEs, PAs or individuals can benefit from a 0,5% interest rate financial tool to realize their energy efficiency projects (including building sector), distributed generation (tri-generation in particular), or small renewable energy production plants. The initial size of the fund is equal to 600M€. Law 134 of 7 August 2012 "measures for the development of young emplyment in the green economy" modified the measures to be incentivized through the Kyoto Fund.

Amended:

An agreement on air quality signed in December 2015 introduced new relevant measures. In February 2016 financing has been made available once again, with 250 million euro available for energy efficiency interventions in schools, universities and kindergartens.  Financing are granted at a 0.25% rate and the interventions should improve the energy class by at least two positions, whitin three years after completion.

Related policies:Fund for Greenhouse Gas Emissions Reduction, Energy Efficiency and Sustainable Energy

Last modified: Mon, 26 Sep 2016 16:11:51 CEST