Mergers and capital increases to support investments in renewables are not Italy's hallmark. The situation exposed by the latest weather events and the weather would have required stronger organization and means. Climate change and an approach to the green economy mark our days as never before. One fact is certain: capital is needed. Unfortunately we carry around widespread underestimations on these topics and the consequences on prevention and/or reconstruction of our habitat can be seen. Something in the world of finance occasionally moves. In particular with a view to using the resources of the PNRR. The announcement of the entry of Credit Agricole Italy, a good bank, in the registered capital of Ener2Crowd it is a sign of interest. Ener2Crowd is a platform with IT application among the largest in Italy for green investments. The 170 thousand euro transaction closes the capital increase a 1,2 million euro of the Bank and Ener2Crowd.com now aims to raise another 100 million euros by 2024 for alternative finance projects.
More investment and less bureaucracy
The energy transition has its costs and while Italy invests just over 1% of GDP in the environment, savers should be influenced by much more virtuous behaviour. Whoever invests his money in a "turning point" sector must be able to scrutinize the times of the realization of the projects, not witness the hassles of a heavy bureaucracy and the stop and go of the works. Confidence drops contrary to what these operations emanate. Ener2Crowd.com attracts, especially since its creator in 2020 Niccolò Sovico entered the Forbes list as one of the 100 under-30 talents of the future. With over 20 million euros of funds collected, 10 customers and a capacity to disburse green loans equal to 1,2 million euros per month - explains the Company - Ener2Crowd.com represents the reference and aggregation place for all those people who recognize themselves in the development of a model of green economy. It will not have been only the Forbes ranking that decreed the success of the platform, but also good business sense. At least until today. "The collaboration with Banca Crédit Agricole strengthens the image and substance of a financial movement with a social matrix," says Sovico.
Invest and take advantage of the time factor
Just a few days ago, Crédit Agricole Italia announced other private equity transactions with the opening of two new funds: Fondo Apei-Private Equity CA Italia and Ambition Agri Agro Investissement. The Bank makes capital available to guide Italian companies towards sustainable innovation. Of particular interest Agro Investissement which has a budget of 300 million euros to make agricultural businesses stronger and more competitive against the risks of climate change. The business environment must find a synthesis between technological innovation and sustainability. The financial means available to those who believe in the new economy will certainly have to increase. The capital market can grow in transparency and without incomprehensible financial artifice. What helps the whole thing is time. Italy has a long time to pass from a socio-economic model to another defined in general terms. The slowness with which governments (net of debt) invest in a better, more livable tomorrow cannot condition the investments of savers. You have to show that you are on their side.
