The Bank of Italy has undertaken several initiatives to favour a long-term sustainable approach to finance In 2019 the Bank of Italy integrated ESG factors into the management of its equity portfolio, not only to meet its social responsibility goals but also to lead investors by example.
It's important to make sure that the policies that shape that system are designed not only to help financial markets operate effectively, but also to support stability over the long term. Liquidity is essential to a well-functioning economy, and central banks have an important and evolving role in helping to maintain the liquidity of key markets.