PlusValue’s Filippo Addarii appointed to EC High-Level Task Force on Financing Social Infrastructure and Maximising Public Value
Filippo Addarii, CEO of PlusValue, has been appointed to the High-Level Task Force on Financing Social Infrastructure and Maximising Public Value (HLTF SI). His focus will be on European responses to social infrastructure investment gaps and public value metrics for social infrastructure investment, a role that will build on PlusValue’s work in civil society engagement and social investment.
The purpose of the HLTF SI is to review the financing of social infrastructure in the EU and to understand how and to what extent these projects may be transformed into “investable initiatives”. Ultimately, the task force aims to analyse the requirements to boost investments in social infrastructure from a broad perspective, while also taking into consideration the implications of the Juncker Investment Plan for Europe.
The task force is chaired by former head of the European Commission Romano Prodi. It includes vice-chair Christian Sautter, the former French economics minister, Benjamin Angel, Director of the Treasury and Financial Operation of the European Commission, Laurent Zylberberg, President of ELTI and Director of Cassa Depositi e Prestiti, Italy’s national investment bank and Guido Bichisao, Director of the European Investment Bank.
This appointment is another step for PlusValue’s work toward integrating public value into investment decisions at all levels. This is highlighted through the work on Treviso Hospital, in which PlusValue developed an integrated impact investing strategy to use the financial savings generated by the Treviso Hospital’s reduced cost of capital to stimulate further investment by all stakeholders.
The assessment of projects’ “societal value” presents an unparalleled opportunity to change the way to invest in Europe. This course of action ultimately has the power to bring about a new phase of economic growth and democratic participation.
– Filippo Addarii, CEO, PlusValue
For more information about the HLTF SI and PlusValue’s role, please contact Filippo Addarii.