Representing an eco-friendly government and establishing related ministries
Of EUR 209 billion in recovery fund given by the EU
37% should be spent on low carbon and digital transformation
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Italian Prime Minister Mario Draghi has announced that he will focus on environmentally friendly growth.
On the 14th (local time), according to foreign media such as Reuters, in the first cabinet meeting held after the oath of office the day before, Prime Minister Draghi said, “We will become an ecological government.” This means that it will actively cope with the climate crisis and advocate for the government to take the lead in environmental protection.
Prime Minister Draghi’s “Green Italy” policy is expected to focus on digitization. Prime Minister Draghi created the Ecological Transformation Department and the Technology Innovation and Digital Transformation Department, with renowned physicist and information technology (IT) expert Roberto Chingolani and former CEO of Vodafone, a global telecommunications company, Vittorio Collao, respectively. It is for this same reason that the appointment was made.
The Reuters news agency pointed out that Prime Minister Draghi is taking strategic steps to receive the European Union’s economic recovery fund. The EU has raised a fund worth 750 billion euros (approximately 1,003 trillion won) to help economic recovery in member countries that are in crisis due to the novel coronavirus infection (Corona 19) pandemic. Italy receives 290 billion euros in the form of subsidies and low-interest loans. This is the largest amount among member countries.
However, 37% of the fund should be used to build a low-carbon economic system to prevent climate change and to transform a digital society. Each Member State, including Italy, is required to submit a plan for the use of recovery funds in compliance with these conditions to the Executive Committee, the executive branch of the EU. This is the background of the analysis that Prime Minister Draghi emphasized eco-friendly policies from the first day of inauguration and began to reform ministries for this purpose.
Meanwhile, the Italian Senate and House votes for a new cabinet draft on the 17th and 18th. Of the 23 ministers of the Draghi cabinet, 15 are politicians and 8 are bureaucrats or experts. Reuters reported that Prime Minister Draghi made it clear that he would form a government with expertise in a distance from certain political tendencies by placing bureaucrats and experts in key ministries such as the Treasury. Public finance expert Daniele Franco, deputy governor of the Italian Central Bank, has been appointed as the Finance Minister overseeing national economic policy.
/ Reporter Kwak Yoon-ah [email protected]
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