INTIEAItaly · Organic provisions for the valorisation, promotion and protection of Made in ItalyPolicyIn force

Organic provisions for the valorisation, promotion and protection of Made in Italy

This law was written and enacted on 27 December 2023, and entered into force in January 2024. The primary aim of this law is to valorise, promote, and protect products and industries that are distinctly Italian.  National Made in Italy Fund: A key component of this strategy is…

Last changed 9 months ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Italy · Year: 2023 · Status: In force · Level: National · Type: Voluntary

This law was written and enacted on 27 December 2023, and entered into force in January 2024. The primary aim of this law is to valorise, promote, and protect products and industries that are distinctly Italian.

National Made in Italy Fund: A key component of this strategy is the establishment of a National Made in Italy Fund, also referred to as the Sovereign Fund, which aims to invest in strategic sector supply chains, with a particular focus on raw materials procurement. The fund is overseen by the Ministry of Economy and Finance (MEF) and is open to participation from investment funds and other entities, indicating a public-private partnership approach.

Strategic Sector Focus: The fund's mission is to invest in supply chains of strategic sectors, with a specific emphasis on raw materials procurement. This focus suggests an acknowledgement of the critical nature of certain minerals and materials to Italian industries.

Raw Materials Procurement: The law prioritises investment in raw materials procurement.

Financial Allocation: The law provides for a significant financial commitment, with an expected allocation of 700 million euros for 2023 and 300 million euros for 2024. This substantial investment demonstrates Italy's commitment to strengthening its strategic industries and their supply chains.

Official source: https://www.normattiva.it/uri-res/N2Ls?urn:nir:stato:legge:2023-12-27;206~art4

Source

https://www.iea.org/policies/24984

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45056NewsIn force

The U.S. Army Just Called China’s Bluff in the Rare Earth War

Just recently, in a span of about six weeks, one impressive company was selected by the U.S. Army to build and operate rare earth processing facilities on an American military base…the first time the Army has ever done this. That same company closed $100 million in institutional financing, giving it a war chest of roughly $130 million. It was also formally added to the Russell 3000 Index. And it locked in MOU’s for feedstock agreements covering billions of tonnes of rare earth-bearing material from sources across Wyoming, Appalachia…

7 hours ago
INTEnergy Newsoilprice:oilprice-article-45052NewsIn force

Oil Prices Ignore the Warning Signs in Physical Markets

Oil price movements since the start of March this year have become the topic of dozens of discussions. Many have been puzzled by futures prices and why they haven’t gone through the roof given the severe disruption in Middle Eastern supply. It appears the reason is sheer optimism and a bet on market adaptability. However, there is a problem with that. Adaptability has limits. Many commentators like to compare the current oil price—and supply—situation to 2022, when Russia’s incursion into eastern Ukraine prompted an actual…

8 hours ago
INTEnergy Newsoilprice:oilprice-article-45054NewsIn force

The World’s Largest Sand Battery Is Now Online

Modern power grids require a constant, real-time balance between supply and consumption. Unfortunately, the integration of wind and solar energy makes power grids unstable due to the intermittent nature of renewable energy generation. To prevent localized grid blackouts or harmful voltage spikes, utilities are increasingly pairing renewables with battery storage and/or rapid-response natural gas plants to smooth out fluctuating supply. However, Finland has now come up with a rather eccentric method to store excess renewable energy and release it…

9 hours ago
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/australia_to_study_first_new_oil_refinery_since_60s-28-jul-2026-184235-article/?rss=trueNewsIn force

Australia to Study First New Oil Refinery Since 60s

Prime Minister Anthony Albanese Tuesday announced a study for a new refinery in Karratha in Western Australia, backed by A$4 million ($2.8 million) of government funds.

10 hours ago
INTEnergy Newsoilprice:oilprice-article-45055NewsIn force

Refined Fuels, Not Crude, Are Driving the Oil Market Crunch

Oil prices have just come off a fresh two-month high as the crude oil market has tumbled this week amid signals of de-escalation in the U.S.-Iran conflict. Despite the slump in crude prices and the extreme volatility in the past five months, the refined product market continues to tighten with refining margins at record highs because the supply of petroleum products is much tighter than crude supply. Refining margins held at record highs even as crude oil prices soared last week to $100 per barrel. That’s because global gasoline, diesel,…

10 hours ago