Reconstruction measures in southern Italy following multiple disasters
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Approval date
31 January 2025
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Borrower
Government
- Country
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Loan size
€ 60 000 000
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Line of action
Promoting Inclusive and Resilient Living Environments
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Status
In progress
This Public sector Financing Facility (PFF) aims to support the Government’s response to the 2017 earthquake and 2022 landslide that impacted the population of the island of Ischia. The CEB loan will partially finance eligible investments in four main areas: reconstruction or relocation of damaged private buildings; reconstruction of damaged public buildings; structural interventions for hydrogeological risk mitigation measures in the municipality of Casamicciola; and structural interventions for hydrogeological risk mitigation measures in the other municipalities on the island.
Final beneficiaries: The 62 300 inhabitants of Ischia, in particular the residents of Casamicciola and Lacco Ameno, who will benefit from the reconstruction of public buildings and urban infrastructure and the structural interventions to reduce hydrogeological risks in the territory.