| Project Detail |
The EIB loan is intended to provide finance to the national hydrogeological risk-prevention and mitigation plan - Piano nazionale per la prevenzione ed il contrasto al dissesto idrogeologico 2015-2020 - launched by the Italian government. It will ultimately finance structural and non-structural measures to prevent and mitigate risks associated with floods, landslides and coastal erosion.
Objectives
The project will help Italy to take adequate and coordinated measures to reduce (manage) flood risks, in line with the requirement of the Flood Directive 2007/60/EC. The investments are expected to alleviate direct risk to population or critical assets, and will prioritise taking into account the frequency of the events, the quantification of the expected economic damages and prediction of risk reduction following the scheme. They will also contribute to climate action, notably "adaptation", by increasing the resilience against the effects of more extreme weather patterns. |
