Global Trade Alert
Global Trade Alert

Italy: EUR 1.1 billion direct grant scheme to support production of green technology equipment and materials

Announcement

08 Mar 2024

In March 2024, the European Commission approved an Italian direct grant scheme to support the production of various equipment needed for the transition to a net-zero economy as well as raw materials.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

08 Mar 2024

Revocation date:

No revocation date

Financial grant In force

On 8 March 2024, the European Commission approved a EUR 1.1 (USD 1.2) billion financial grant scheme from Italy. The state aid will incentivise the production of "equipment, key components and critica...

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