Mario Noera

Senior Associate Finance

Italian English

Mario Noera is a Senior Associate for the Finance Programme, working on Italy’s public and private financial system, aligning it with the Paris Agreement to drive the ecological transition. He will be managing analysis and research on Italian national financial institutions including CDP, SACE and Invitalia. Also, he will be responsible for developing a proposal for environmental tax reform concurrent with the debate on reforming the European Stability Pact and achieving the objectives of the European Green Deal.

Mario is an expert in finance, monetary economics and financial institutions and spent his long career both as a teacher and as a professional asset manager. In the last few years he has been involved in several research projects related to systemic risks and to the financial side of the energy and climate transition.

Mario is currently fellow professor of finance and banking at Bocconi University (Milan) and is a member of the Investment consulting commitees of Cariplo Foundation and Cariparo Foundation. Previously he has taught monetary economics at Università Cattolica del Sacro Cuore (Milan); he has been a member of the Board and of the Executive committee at Bper Banca (2018-21); Chairman of Arkios Sim (2018-19); Vice-chairman of Unicredit Private Banking (2009-11); Chairman of AIAF, the Italian association of financial analysts (2020-11)). He has been also an independent member of the Board at SCM Sim (2016-17), Unicredit Credit Management (2013-15) and IWBank (2009-12).

In the early ‘80s, he started as an economist at the BCI Economic Research Department and, from 1998 to 2005, he was CEO/CIO in several asset management companies within the Deutsche Bank Group (1998-2000), the Mediolanum Group (2000-01) and Sanpaolo Group (2001-05)

After graduating in economics at University of Modena (1977), where he also worked as a researcher, he completed his specialization in the US as a visiting fellow at Massachusetts Institute of Technology and at Yale University (1979-82).

 

 

 

Pubblicazioni di Mario Noera

How much investment is needed for the decarbonisation of the Italian economy?

September 2023
WRITTEN BYMario Noera et al.
A propaedeutic analysis for the revision of the National Energy and Climate Plan (NECP). Estimates of the total investment that Italy needs in order to align with the new European Fit-for-55 targets range between an average of EUR 122 and EUR 134 billion per year. The additional investments needed are therefore EUR 30-42 billion per year higher than estimated in the NECP (2019), and 2-3 times higher than the amount allocated in the NRRP for the green transition in the 2021-26 five-year period (an average of EUR 14.4 billion per year).

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