This document presents the result of the macroeconomic assessment of the “Fit for 55” policy package for Italy prepared for the Italian Ministry of Infrastructures and Sustainable Mobility. It is shown that the package can originate enough revenues that when used in a mix of support to decarbonization technologies in carbon intensive sectors, deployment of renewable energy sources, and compensation to household income, can promote GDP growth, generate 330 thousand net new jobs while minimizing distributional concerns.

Citation:
Bosello F., Carraro C., Di Bella A., Key R., Parrado R., Standardi G., Tavoni M., Verso una crescita a zero emissioni: Gli impatti macroeconomici e occupazionali per l’Italia del pacchetto “Fit for 55”, 2023, DOI: https://doi.org/10.25424/cmcc-y6jz-nq49

• European Institute on Economics and the Environment

• Economic analysis of Climate Impacts and Policy Division
• Sustainable Earth Modelling Economics Division

Authors

• Francesco Bosello
• Carlo Carraro
• Alice Di Bella
• Ramón Key
• Ramiro Parrado
• Gabriele Standardi
• Massimo Tavoni