The Fondazione as the linchpin of a network of communities and shared values and projects.

Francesco Profumo , Chair of Fondazione Compagnia di San Paolo (FCSP), alongside Alberto Anfossi, FCSP’s Secretary-General, today presented the strategic guidelines for 2023, as set out in the Fondazione’s Multi-Year Strategic Plan 2021-2024.

The presentation consisted of providing an account of the dual speeds at which the Fondazione operates, including in terms of the current demographic framework and the requirement to focus decision-making processes on young people and the new generations. The tool to do so is the Young Advisory Board, desired by the Compagnia to involve young people – major stakeholders in the local area – in the mechanisms of strategic planning, in order to contribute to the generational change required.

According to ISTAT estimates, over 10 million people will live alone by 2041, mostly the elderly: we will witness a 52% increase in numbers of over-85s, whose needs – especially in terms of healthcare – will put a strain on the stability of welfare systems. There will be a great deal of pressure on healthcare and pension systems, given that the number of people of working age will reduce drastically and those aged 65 and over will increase at the same time.
Even the projections to 2043 of the data relating to enrolment at Italian universities are alarming: in the face of a drastic reduction in the number of students in the 19-29 age group, it is possible to estimate a decrease in enrolled students by 20%, resulting in a lower number of graduates.

“The challenge is to plan tomorrow today, with courage, to see ourselves in the future”, said Francesco Profumo, Chair of the Fondazione Compagnia di San Paolo. “It is difficult to think ahead to how the coming decades will be: in some ways, what we took for granted only three years ago has now been overhauled, if not completely destabilised. In circumstances like these, we need to aim to grow as systems: in Europe, nationally, in cities and in local areas.
The lines of action are quite clear: improving education, making the service system a leading industry, connecting scientific research and production, thinking of infrastructure as a factor in improving the lives of citizens and attracting talent and investment.
This year, 2023, must be the year of the National Recovery and Resilience Plan (PNRR). The possibilities of the impact that resources from the major European programme could have on crucial sectors are truly great”.

To read the full press release visit this link.