The enabling environment of Italy has room for improvements. The 3fP-Tracker result in this dimension is mainly driven by support of green finance with public incentives. The Italian Code for Public Procurement sets forth the rules applicable to public procurements. It provides guarantees for risk reduction support provisions if the entities participating in the process or the supplies to be procured hold certain “green” certifications.
The Italian Prime Minister Mr. Conte proposed the creation of a Green New Deal along the lines of the positions by incoming EU Commissioner. The Deal would include the incorporation of a reference to the protection of the environment in the Italian constitution. Further incentives and subsidies will probably result from the Green New Deal announced by the new Italian government on 5 September 2019.