Italy needs to invest 32 billion euros to prevent a water crisis
Some 18% of Italy’s GDP depends on abundant water. Water is needed for households, irrigation, and powering manufacturing machinery. The constant water crisis, with peaks in 2022, is endangering this availability. As calculated by the report “Water: Actions and Investments for Energy, People, and Territories,” produced by The European House-Ambrosetti in collaboration with multi-utility A2A, in 2022, Italy’s water availability decreased by 36 billion cubic meters, a volume equivalent to 60 times Lake Trasimeno. Therefore, at least 32.9 billion euros of investments are needed to modernize and secure strategic infrastructure, including hydroelectric plants, which currently represent Italy’s primary source of clean energy.