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Archive » April 2022 » Agriculture and credit: the challenges of innovation and sustainability

Agriculture and credit: the challenges of innovation and sustainability

Antonio Patuelli
April 2022 - n. 4
Keywords: Banche, settore agroalimentare
Jel codes: G21, G28, Q14

The agricultural sector in Italy is going through a complex period, due to the explosion of energy costs and the ongoing crisis. At the end of 2021, 5.5% of total bank loans were allocated to agriculture, forestry, and fisheries companies, for a total of 41 billion, while the sector accounts for only 2.2% of the total added value of the Italian economy. Agriculture now faces important new challenges: efficiency, culture, environmental sustainability. Therefore the role of banks and that of Italian and European institutions are essential, with new stimulus and guarantee measures and a modification of the European rules on default.

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