This cooperation at an institutional level, lasting two years, will enable the local authority to grasp opportunities stemming from the InvestEU Programme, drawing on the technical and financial support of CDP in its role as an Advisory Partner of the European Commission, within the European Investment Advisory Hub promoted by the European Union.
Specifically, the Municipality of Palermo, in line with its statutory purpose, intends to boost its ability to manage and carry out local activities through public-private partnership (PPP) projects.
CDP's consultancy for the local authority encompasses establishing strategies to involve private entities in delivering municipal investments, including making use of NRRP resources and national or European funds; supporting the analysis of the planned activities, in the preliminary administrative, financial and technical phases, with a particular focus on the ex-ante environmental, social and economic impact assessment; and, in addition, helping with potential interaction with private and institutional stakeholders.
Lastly, the Protocol sets out that, with regard to monitoring the activities to be carried out, the parties undertake to indicate a schedule of meetings to establish, via specific plans, the individual projects of interest to the Municipality and which fall under the cooperation agreement.