This paper analyses the segment of the financial industry that comprises the set of digital applications designed to support the process of decarbonization and transition to environmental sustainability, which is known as Climate Fintech. I examine the number and types of initiatives launched in Italy in comparison with major European countries, also in the light of regulatory developments at EU level.
In Italy, there are a number of initiatives in line with those of the main European countries and with a special focus on green crowdfunding, which allows fundraisers to collect small amounts of money from a large number of people to finance the ecological transition. By contrast, digital solutions for measuring the environmental profiles of securities, companies, donors and digital green assets are used to a lesser extent than in the rest of the sample.
