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Italy

Fund for GHG emissions reduction and energy efficiency (Finance Law 2001)

Legislative
Law
Passed in 2000
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 Italy's carbon tax.

The fund will finance up to 80% of the cost of programmes for installation of solar collectors (mostly PV), particularly in southern Italy. The fund will also finance reforestation programmes to increase absorption of CO2.
Documents
from the Grantham Research Institute
from the Grantham Research Institute
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