Professor Paolo Taticchi has been appointed on the Committee for the Bio-Economy and Sustainable Taxation for the Ministry for Ecological Transition in Italy.

The Ministry for Ecological Transition is a new institution set up by Prime Minister, Mario Draghi’s new government, to focus on the sustainable transformation of the Italian production and consumption system. This Ministry will play an important role in deciding how to spend approximately €70 billion of the Recovery Fund issued by the European Commission to enable Italy to emerge stronger from the COVID-19 pandemic and reinforce Italy’s economic and social resilience. Sustainable development policies will constitute more than one-third of the total amount.

Professor Paolo Taticchi has been selected as one of the academic advisors to share his knowledge and expertise on embedding sustainability into business activities and industrial systems.

The committee will advise the Minister on the definition of new laws that will help the country to move towards a more sustainable and circular economy. In particular, the focus of the group is to encourage corporate sustainability through incentivizing sustainable approaches to businesses, which can include reduced taxation benefits linked to ESG performance.

Upon hearing the news, Prof. Paolo Taticchi said:

“I feel honoured to have the opportunity to work with Minister Roberto Cingolani to help Italy develop new policies that will impact the country’s competitiveness and sustainable economic growth.”

Congratulations to Paolo on this prestigious appointment.