The Italian parliament has finally passed a new law that sets out an ambitious agenda for a comprehensive reform of Italian aid — and with it, the birth of a new development cooperation agency.
Entered into force last month, the new law provides organizational, regulatory, administrative, budgetary and accounting autonomy to the Italian Cooperation Agency. While details on funding have yet to be deliberated, ICA is confirmed to have a financing facility at its disposal. This facility will be funded by Italians’ postal savings and is meant to improve “access, control and coordination of the financial activities of banks and multilateral funds.”
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About the author
Eva Donelli
As a correspondent based in Brussels, Eva Donelli covers EU development policy issues and actors, from the EU institutions to the international NGO community. Eva was previously at the United Nations Regional Information Center for Western Europe and in the European Parliament's press office. As a freelance reporter, she has contributed to Italian and international magazines covering a wide range of issues, including EU affairs, development policy, social protection and nuclear energy. She speaks fluent English, French and Spanish in addition to her native Italian.
