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Our commitment to the National Recovery and Resilience Plan (NRRP)


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INTESA SANPAOLO WORKING FOR THE COUNTRY



We are working with the country to seize the opportunity provided by the
National Recovery and Resilience Plan and to meet present and future challenges.
Our Group wants to help its customers gain access to the funding provided, to
encourage inter-institutional dialogue, and to implement projects in a tangible
manner, in order to kick-start the nation’s recovery and to overcome the impact
of the Covid-19 pandemic. This is an ambitious, but totally feasible, plan for
which we offer our own resources in support of the real economy, so as to
facilitate the development of the entire community in a sustainable, inclusive
future.





THE ONLY REAL DRIVER OF THE STRONG GROWTH OF THE PRODUCTION AND SUPPLY CHAINS IS
THE NATIONAL RECOVERY AND RESILIENCE PLAN, WHICH REPRESENTS A KEY FACTOR IN
HELPING TO ACCELERATE OUR COUNTRY’S MODEST GROWTH AND IN PERMITTING A RECOVERY
IN EMPLOYMENT AND A REDUCTION OF SOCIAL INEQUALITY.


Carlo Messina - Managing Director and Chief Executive Officer


WHAT ARE THE MISSIONS OF THE ITALIAN RECOVERY PLAN: TARGETS & RESOURCES




MISSION 1: PROMOTING THE COUNTRY’S DIGITAL TRANSFORMATION



The first mission of the National Recovery and Resilience Plan is to launch the
country’s digital transition by supporting the innovation of the production
system, and the modernisation of the Public Administration and communications
infrastructure, through the extension of the ultra-broadband network right
across the Country. Furthermore, it aims to promote the competitiveness and
internationalisation of the country’s industrial supply chains, and the
re-launch of the tourism industry and of Italy’s cultural heritage. Mission 1’s
total funding, provided by the Recovery and Resilience Facility (RRF), the
Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU), and
the National Supplementary Fund, amounts to 50 billion euro.



MISSION 2: LAUNCHING THE ECOLOGICAL TRANSITION OF ITALY AND ITS ECONOMY



The second mission of the National Recovery and Resilience Plan is to provide
support to the country’s green, ecological transition in accordance with the
European Green Deal. By means of actions taken in various different areas, the
Mission aims at environmental sustainability through operations in the field of
renewable energy, the development of sustainable mobility, the greater
efficiency of resource and waste management, and the promotion of the circular
economy thanks also to the development of a sustainable food supply chain.
Mission 2’s total funding, provided by the Recovery and Resilience Facility
(RRF), the Recovery Assistance for Cohesion and the Territories of Europe
(REACT-EU), and the National Supplementary Fund, amounts to 70 billion euro.



MISSION 3: MEETING THE LOGISTICAL AND ENVIRONMENTAL CHALLENGES IN THE MOBILITY
SECTOR



The third mission of the National Recovery and Resilience Plan aims to
strengthen Italy’s infrastructural system and reduce the environmental impact of
the national transportation sector. More specifically, the third mission
foresees the expansion of the high-speed and regional rail networks,
particularly in the South of Italy, the strengthening of goods transport
services, and the optimisation and digitalisation of air traffic and of the
operations of the National Logistics Platform (NLP) for the country’s port
network. Mission 3’s total funding, provided by the Recovery and Resilience
Facility (RRF), the Recovery Assistance for Cohesion and the Territories of
Europe (REACT-EU), and the National Supplementary Fund, amounts to 31 billion
euro.



MISSION 4: GUARANTEEING THE DEVELOPMENT OF EDUCATION, TRAINING AND KNOWLEDGE



The fourth mission of the National Recovery and Resilience Plan is to facilitate
the integration of education, research and the labour market through the
development of synergies capable of training new resources for the future. The
mission aims to bridge any structural gaps and lack of suitable personnel by
reforming the hiring and training of teachers, and by strengthening the
country’s basic research systems in order to re-launch growth through the
improved capacity to adapt to the technological and environmental challenges of
the future. Mission 4’s total funding, provided by the Recovery and Resilience
Facility (RRF), the Recovery Assistance for Cohesion and the Territories of
Europe (REACT-EU), and the National Supplementary Fund, amounts to 34 billion
euro.



MISSION 5: ENCOURAGING AN INCLUSIVE, RESPONSIBLE, EMPATHETIC CULTURE



The fifth mission of the National Recovery and Resilience Plan is to safeguard
those who are socially and economically fragile, by promoting gender equality,
the fight against discrimination, and the consolidation of both social
infrastructure and labour policies. The mission focuses in particular on
territorial cohesion, through the direct review of active labour policies, the
strengthening of job centres, and the integration of social services and the
network of private operators. Mission 5’s total funding, provided by the
Recovery and Resilience Facility (RRF), the Recovery Assistance for Cohesion and
the Territories of Europe (REACT-EU), and the National Supplementary Fund,
amounts to 30 billion euro.



MISSION 6: STRENGTHENING THE COUNTRY’S HEALTH SYSTEM



The sixth mission of the National Recovery and Resilience Plan is to strengthen
the accident prevention and healthcare system throughout the country, by
modernising and digitalising the National Health System’s technological
facilities. The sixth mission aims to see the implementation of targeted
measures designed to guarantee the equality of access to treatment, also through
the strengthening of health workers’ skills and of scientific research. Mission
5’s total funding, provided by the Recovery and Resilience Facility (RRF), the
Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU), and
the National Supplementary Fund, amounts to 20 billion euro.



MEANING OF RRP, GOVERNANCE, DEADLINES AND OTHER FREQUENTLY ASKED QUESTIONS


What is the National Recovery and Resilience Plan?


The European Union has responded to the pandemic with the creation of the Next
Generation EU (NGEU) plan, comprising 750 billion euro of funding dedicated to
investments and reforms sustaining the development of EU Member States. The
National Recovery and Resilience Plan is the Italian Government’s response to
the European investment opportunities set out in the Next Generation EU
programme; in fact, Italy is the largest beneficiary in absolute terms of the
NGEU package.


How is the National Recovery and Resilience Plan structured?


The National Recovery and Resilience Plan comprises 6 separate missions, which
in turn are subdivided into 16 specific "components" shaped by their general
aims and scope, and their corresponding investments and reforms. 

The 6 missions are: 

 1. "digitalisation, innovation, competitiveness, culture and tourism"
 2. "the green revolution and ecological transition"
 3. "sustainable mobility infrastructure"
 4. "education and research"
 5. "inclusion and cohesion"
 6. "health"

Where does the earmarked funding come from?


The funding earmarked for the National Recovery and Resilience Plan amounts to
235 billion euro, and can be used for investments over the period from 2021 to
2026. It includes:

 * around 191 billion euro from the Recovery and Resilience Facility (RRF)
   pertaining to the Next Generation EU plan;
 * around 13 billion euro from the Recovery Assistance for Cohesion and the
   Territories of Europe (REACT-EU), pertaining to the Next Generation EU plan;
 * around 31 billion euro from the National Supplementary Fund.

(RRF: the Recovery and Resilience Facility; REACT-EU: the Recovery Assistance
for Cohesion and the Territories of Europe programme).

What is the timescale of the measures provided for by the National Recovery and
Resilience Plan?


The funds earmarked for the National Recovery and Resilience Plan amount to 235
billion euro, are available for investments over a 5-year period (2021-2026),
and are released and allocated on a periodical basis.


What results are expected to be produced by the National Recovery and Resilience
Plan?


The Government’s analyses foresee the National Recovery and Resilience Plan
measures producing a rise in the potential growth rate of the Italian economy,
and having positive effects on both GDP and employment, the levels of which are
expected to rise, respectively, by 3.6% and 3% by 2026 (the final year of the
Plan).


RRP: what measures are planned during the course of the year?


The National Recovery and Resilience Plan sets out a time schedule with aims and
targets, at individual mission, component and investment level, to be achieved
in order to obtain the six-monthly funding foreseen by the European Commission.
Specific expenditures are allocated for each period for the purpose of achieving
the set targets: provision has been made for 27.5 billion euro in 2022.


(Source: Dossier November 2021 - "The National Recovery and Resilience Plan:
financial figures and an account of resources and their utilisation" - Drawn up
from figures contained in the Annex to the National Recovery and Resilience Plan
proposal of 30/04/2021).

Governance: who is managing the funds and organise the calls for tender?


For each investment within the framework of the National Recovery and Resilience
Plan, two different types of figure are envisaged, each having a different
role: 

 * The body in charge, represented by the ministries responsible for managing
   the funds made available
 * The implementing body, represented by the body entitled to make the
   investment/distribute the resources

For example, in the case of Mission 1 - Component 2 - Investment 5.2
(Competitiveness and resilience of production chains), the body in charge is the
Ministry for Economic Development, while the implementing body is Invitalia).

How are funds released, and how important is it to request funds in a timely
manner?


Following publication of the Law Decree covering a given area of action and
establishing allocation of the funds, the corresponding call for tender is
published setting out details of the manner of access to the funds and the
facilitation tools. 

In many cases, incentives are disbursed in the order in which applications are
received, or actions are finalised, until the total allocated funding has all
been distributed; funding may be allocated on a yearly or multi-year basis,
depending on the circumstances.

What principal facilitation tools are going to be envisaged by the National
Recovery and Resilience Plan?


It will be possible to implement the reforms and investments envisaged by the
National Recovery and Resilience Plan thanks to the various instruments set out
in those Law Decrees pertaining to the specific areas encompassed by the Plan.
The main such instruments concern:

 * direct public spending
 * non-refundable funds
 * tax benefits (e.g. tax credits)
 * guarantees
 * co-financing

Which parties may benefit from the funds provided by the National Recovery and
Resilience Plan?


The National Recovery and Resilience Plan provides for investments and reforms
that impact the country as a whole: the measures involved are aimed, in
different ways, at enterprises, households, the Public Administration and local
authorities.



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 5. Audio muting – users with hearing devices may experience headaches or other
    issues due to automatic audio playing. This option lets users mute the
    entire website instantly.
 6. Cognitive disorders – we utilize a search engine linked to Wikipedia and
    Wiktionary, allowing people with cognitive disorders to decipher meanings of
    phrases, initials, slang, and others.
 7. Additional functions – we allow users to change cursor color and size, use a
    printing mode, enable a virtual keyboard, and many other functions.

Assistive technology and browser compatibility

We aim to support as many browsers and assistive technologies as possible, so
our users can choose the best fitting tools for them, with as few limitations as
possible. Therefore, we have worked very hard to be able to support all major
systems that comprise over 95% of the user market share, including Google
Chrome, Mozilla Firefox, Apple Safari, Opera and Microsoft Edge, JAWS, and NVDA
(screen readers), both for Windows and MAC users.

Notes, comments, and feedback

Despite our very best efforts to allow anybody to adjust the website to their
needs, there may still be pages or sections that are not fully accessible, are
in the process of becoming accessible, or are lacking an adequate technological
solution to make them accessible. Still, we are continually improving our
accessibility, adding, updating, improving its options and features, and
developing and adopting new technologies. All this is meant to reach the optimal
level of accessibility following technological advancements. If you wish to
contact the website’s owner, please use the website's form

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