One hundred exponents of important Italian companies and business associations launch an appeal to make European investments more ambitious in terms of ecological and climate transition.
The signatories are asking for three things: increase the share of the Recovery Fund's dedicated climate finance, stringent climate criteria to target investments, an exclusion list of anti-climate activities not to be funded.
The appeal is addressed to the Italian parliamentarians, to the Italian representatives in the European Parliament and to the members of the Italian government, in view of the final negotiation on the post-Covid European recovery package, scheduled for November.
Among the signatories there are companies such as Enel, Erg, Illy, Edison, Poste Italiane, Chiesi, Mutti, Arvedi, Acea, Burgo.
The appeal first of all asks to increase the share of climate-friendly recovery fund investments from 37% to 50%.
The goal is to achieve a 55% emission cut by 2030, focus on climate neutrality by 2050 and help mobilize the € 350 billion per year of European climate and energy investments, estimated by the Commission European.
At the second point, the entrepreneurs ask for a clear methodology to be adopted to recognize climate-friendly investments, such as that of the European Regulation for sustainable finance.
The third proposal envisages introducing a list of economic activities that cannot access Recovery Fund financing, because they are incompatible with the 2030 emissions cut and with the goal of carbon neutrality by 2050.