Sustainable Tourism Fund

Italy
Sustainable Tourism Fund
Prioritizing funding for reimagining tourism infrastructure
CHALLENGE

Italy aims to expand infrastructure improvements and support initiatives with the purpose to minimize the environmental impacts of tourism.

INITIATIVE

The Ministry of Tourism launched a Sustainable Tourism Fund to address tourist overcrowding, promote eco-sustainable tourism and support facilities accommodations to become more sustainable.

IMPACT

Inspired by the thematic fund, Italy received additional support from the European Investment Bank and EU Climate Bank resulting in allocation of EUR500 million to support green tourism.

Source: G20 members and guest countries survey for the preparation of the Goa Roadmap for Tourism as a vehicle for achieveing the SDGs (2023)