Italy Announces 3.9B euros Investment in Water Infrastructure

Italian authorities announced that 3.9 billion euros would be spent to improve water infrastructure and reduce leaks in cities and agricultural areas. The goal of the European Union-supported plan is to increase the country’s resilience to the effects of climate change.

The Italian government’s water infrastructure strategy is a long-term plan to strengthen water security. Officials said sustainability, climate change mitigation and adaptation are crucial for approving new infrastructure projects.

Of those funds, 2.9 billion euros will come from the National Recovery and Resilience Plan, which is deployed as part of the European Union’s NextGenerationEU strategy. The rest is financed by Rome.