fondo italiano per il clima

It seems prehistoric but in 2015, at the time of COP21 and the Paris Agreements, among the commitments set to keep the increase in temperatures within 1.5 °C compared to the pre-industrial era there was also the allocation of 100 billion euros per year by the richest states towards the countries of the so-called south of the world. It was, and is, a key point in climate finance.As explains ECCO, the Italian climate think tank, “the term applies to financial resources dedicated to addressing climate change by all public and private actors from global to local scales, including international financial flows to developing countries to assist them in addressing climate change.” For Italy the main public instrument to pursue the objective of the Paris Agreements is the Italian Climate Fund:until 2026 it will have a total budget of 4.4 billion euros, in addition to 40 million euros per year from 2027 for non-repayable contributions and management expenses.Established w...