Strong commitment to the Sustainable Development Goals (SDGs), constant support for enterprises, also by sustaining access to credit for SMEs, increased commitment to international cooperation; the Impact Monitoring Report highlights the main results of CDP's action in the first half of 2024.
In the first half of 2024, CDP deployed 11.8 billion euros, increasing its focus on priority areas of intervention compared to the previous year; 10 billion of them are geared towards achieving 11 of the 17 United Nations Sustainable Development Goals (SDGs).
CDP has maintained strong support for the country's entrepreneurial and productive fabric despite an economic context characterized by persistent inflation, and an Italian scenario of reduced credit to businesses:
Own resources in favor of the PA have been increased, in particular for cash advances for municipalities in the South, which have also grown in relation to investments for the NRRP implementation. The main expected result indicators financed by CDP's activities in the first half of the year have been identified and the progress of the projects launched in the previous six months has been assessed.
CDP's presence in the area largely reflects the development of the Italian production system, with a greater share of CDP’s resources deployed in the South, in the segments where the market is less present; in fact, supporting SMEs in the South, through the indirect channel, and intervention towards PA constitute the highest shares of CDP’s intervention.
The Report illustrates the SDA (Sustainable Development Assessment) model and its application to the ex-ante evaluation of transactions; the large sample of direct financing to companies indicates that 45% of the operations were assigned a high or medium/high score, indicating a strong potential in terms of contribution to sustainable development.