By Laura Contemori – ROME (Econostream) – Italy’s Ministry of Economy and Finance (MEF) on Wednesday said measures financed through Green BTP issuances carried out in 2025 amounted to €13.6 billion.

The measures were detailed in MEF’s latest Green BTP Allocation and Impact Report and covered resources allocated over the 2022-2025 period.

The largest category was energy efficiency, with just under €6.2 billion, or 45.2% of total allocations, directed mainly to tax incentives for energy-efficiency work on private and, to a lesser extent, public buildings.

The second-largest category was transport, with more than €4.7 billion, or 34.7% of total allocations.

Funded transport measures included railway infrastructure upgrades, maintenance, electrification of existing railway lines, construction of new high-speed/high-capacity rail lines, investment in electric public transport, incentives for fleet renewal by households and businesses, and measures to shift freight transport from road to rail.

Environmental and biodiversity protection measures received nearly €1.3 billion, or 9.4% of total resources, while pollution prevention and control projects accounted for €805 million, or 5.9%.

Environmental sustainability research received €516 million, or 3.8%, while nearly €150 million, or 1.1%, was allocated to tax incentives supporting renewable electricity generation and self-consumption.

MEF said the financed measures had reduced CO₂ emissions by almost 38 million metric tons.

The ministry estimated the short- to medium-term impact on gross domestic product at around €20 billion over five to six years, equivalent to nearly 0.9% of Italy’s 2025 GDP.

“This increase in output is associated with an employment effect of around 318,000 full-time equivalent (FTE) jobs,” MEF said in the report.

Once fully realized, the financed measures are expected to generate additional GDP of around €13 billion over the ten years following their implementation phase, MEF said.

The ministry said all financed expenditures met the minimum social safeguards set out in the EU Taxonomy Regulation.

Around 82% of resources were directed toward activities making a substantial contribution to one or more of the EU’s six environmental objectives, while about 69% were also aligned with the Do No Significant Harm principle, MEF said.