Only last March the European Commission announced over € billion in new support for countries and organisations in Asia for the period 2015–2020. VII.
On this front, banks may have an important role to play: they could exploit their customer relationships with SMEs and collect key sustainability data, both to improve their risk management and to help firms in their transition efforts. This task would be particularly important in Italy, where SMEs account for a large share of the non-financial sector.