$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
VHPSUH SL VEDORUGLWLYR FKH PHULWR LQ SDUWLFRODUH GHOOD
QXRYD ³HUD GLJLWDOH´ DOODUJD OH IURQWLHUH GHOOD
FRPXQLFD]LRQHFUHDQGRXQDTXDQWLWjVHPSUHSLYDVWDGL
VHUYL]L DOWDPHQWH TXDOLWDWLYL IUXLELOL QRQ VROR GD SRFKL
SULYLOHJLDWLPDGDXQQXPHURVHPSUHSLYDVWRGLXWHQWL
4XHVWR ODYRURHVDPLQDSURSULR LOSXQWRGLFRQWDWWRRUPDL
VHPSUH SL IRUWH H FRHVR WUD LO 7*RYHUQPHQW H O¶,FW OH
WHFQRORJLH GHOOD FRPXQLFD]LRQH LQ SDUWLFRODUH
IRFDOL]]DQGRVL VXOO¶LQWURGX]LRQH GL XQ QXRYR VWDQGDUG SHU
OD79GLJLWDOH0+30XOWLPHGLD+RPH3ODWIRUP
/RVYLOXSSRGHOGLJLWDOH
1RL WXWWL DEELDPR GL IURQWH DJOL RFFKL OD FUHVFHQWH
GLIIXVLRQH GL QXRYH RIIHUWH FRPPHUFLDOL LQ DPELWR
WHOHYLVLYRQRQFKp O¶DGR]LRQHGLQXRYH WHFQRORJLHDGHVVR
DVVRFLDWRTXDOLLOSDVVDJJLRGDOVLVWHPDDQDORJLFRDTXHOOR
GLJLWDOH FKH QRQ VROR FRQVHQWH XQD PDJJLRUH TXDOLWj
DXGLRYLVLYD PD DQFKH XQD SL HVWHVD UDFFROWD GL VHUYL]L
SURSRVWL
4XHVWRVYLOXSSRSURURPSHQWHSRUWDSHUzFRQVpXQDVHULH
GL SUREOHPL H GL LQWHUURJDWLYL GD VXSHUDUH TXDOL XQ
IUD]LRQDPHQWR FDRWLFR GHOPHUFDWR H ODQDVFLWDGL GLYHUVL
VWDQGDUGQRQLQWHURSHUDELOLWUDORURULVFKLDQGRORVYLOXSSR
GLXQPHUFDWR³VRIIRFDWR´DQ]LFKpDSHUWRTXDOH LQYHFH OH
FDUDWWHULVWLFKH SURSULH GHOOH QXRYH WHFQRORJLH GRYUHEEHUR
IDYRULUH
,Q WDO VHQVRVWLDPRYLYHQGRXQSHULRGR LPSRUWDQWHGHOOD
QRVWUD VWRULD FRQ QXPHURVH D]LHQGH (QWL FRQVRU]L FKH
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
ODYRUDQR DO VXSHUDPHQWR GL TXHVWL RVWDFROL H VHPSUH SL
UDSLGDPHQWH LO VRJQR GL SRWHU HYLWDUH OXQJKH H
LQWHUPLQDELOLILOHDJOLVSRUWHOOLVLVWDDYYLFLQDQGR
/HSROLWLFKHLQFRUVR
*OL 6WDWL 8QLWL FRPH VDSSLDPR VRQ VHPSUH VWDWL
DOO¶DYDQJXDUGLD QHO VHWWRUH GHOOH QXRYH WHFQRORJLH PD
QHJOL XOWLPL DQQL DQFKH L SDHVL (XURSHL ,WDOLD LQ WHVWD
VWDQQR RSHUDQGR SROLWLFKH GL IRUWH LQFHQWLYR LQ WDO VHQVR
6L SHQVL DO SURJHWWR ³H(XURSH XQD 6RFLHWj
GHOO¶,QIRUPD]LRQH SHU WXWWL´ GD SDUWH GHOOD &RPPLVVLRQH
(XURSHD R DOOH OLQHH JXLGD GHO *RYHUQR ,WDOLDQR H GHO
0LQLVWHURSHUO¶,QQRYD]LRQHHOH7HFQRORJLHSHUORVYLOXSSR
GHOOD6RFLHWjGHOO¶,QIRUPD]LRQHVWLODWHQHO
³6L SHQVL SHU IDUH XQ HVHPSLR DOOD GLIIXVLRQH GHOOD %DQGD /DUJD
6HFRQGRXQRVWXGLRGHO3HZ,QWHUQHW $PHULFDQ/LIH3URMHFWGHO
0DJJLRKWWSZZZSHZLQWHUQHWRUJUHSRUWVWRFDVS"5HSRUW
LQXQDQQROHFRQQHVVLRQLDEDQGDODUJDQHJOL86$VRQRFUHVFLXWH
GHO SHU FHQWR 3HU O¶HVDWWH]]D DO PRPHQWR LO SHU FHQWR GHL
QDYLJDWRUL VWDWXQLWHQVL KDXQD FRQQHVVLRQHDEDQGD ODUJDDRWWREUH
HUD LO SHU FHQWR DPDU]RGHOOR VWHVVR DQQR LO 6LJQLILFD
FKH PLOLRQL GL FLWWDGLQL VWDWXQLWHQVL LO SHU FHQWR GHOO
LQWHUD
SRSROD]LRQHVRQRSDVVDWLDOEURDGEDQG1HOHUDQRHVDWWDPHQWH
OD PHWj LQPHQR GL WUH DQQL L WUH DQQL SL GLIILFLOL QHOOD VWRULD GHO
:HEqEHQHULFRUGDUORLOPHUFDWRGHOODEDQGDODUJDQHJOL6WDWL8QLWLq
FUHVFLXWR GL EHQ FLQTXH YROWH´ ³%DQGD ODUJD SHU WXWWL DQFRUD
XQ¶XWRSLD´ GL $OHVVLR %DOEL ± $UWLFROR DSSDUVR VX :HEQHZV
KWWS:HEQHZVKWPOLW0DJJLR
KWWSZZZFRPXQLFD]LRQLLWLW'RF6XSSHHXURSHSGI
KWWSZZZLQQRYD]LRQHJRYLWLWDHJRYHUQPHQWVWUDWHJLDSROLWLFKH
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
,Q TXHVWR DPELHQWH GL IHEEULOH DWWLYLWj H GL ULFHUFD GDO
FRQVRU]LR'9% DUULYDXQDJURVVDSURVSHWWLYD VXO FDPSR
WHFQRORJLFRLQJUDGRGLULGXUUHXOWHULRUPHQWHLWHPSLGHOOR
VYLOXSSR GHOOH SROLWLFKH GL H*RYHUQPHQW PHVVH D SXQWR
GDLSDHVL(XURSHL6LWUDWWDGHOODSLDWWDIRUPD0+3LOQXRYR
VWDQGDUG GHOOD WHOHYLVLRQH GLJLWDOH FKH EDVDQGRVL VXO
OLQJXDJJLR-DYDFRQVHQWLUjQRQVRORODGLIIXVLRQHFDSLOODUH
GHL VHUYL]L PXOWLPHGLDOL H LQWHUDWWLYL SURSUL GHO VLVWHPD
GLJLWDOH IRQGDQGRVL VX VWDQGDUG DSHUWL LQWHURSHUDELOL WUD
SLSLDWWDIRUPHPDDQFKHHVRSUDWWXWWRWXWWLJOLHYLGHQWL
YDQWDJJL GHOOD UHWH ,QWHUQHW FRQ OD TXDOH q LQ JUDGR GL
GLDORJDUH
,OQRVWURSURJHWWR
3HU GLPRVWUDUH OH SRWHQ]LDOLWj GL TXHVWR QXRYR VLVWHPD
DOOD ILQH GHO ODYRUR LOOXVWUHUHPR XQ SURJHWWR UHDOL]]DWR
DSSRVLWDPHQWHFRQODWHFQRORJLD0+3FKHFLFRQVHQWLUjGL
WRFFDUH FRQ PDQR OD SUDWLFLWj H OD IXQ]LRQDOLWj GHO 7
*RYHUQPHQW FRQ OD SRVVLELOLWj GL RWWHQHUH FHUWLILFDWL
DXWHQWLFDWLQRQSLVRORQHOOHVHGLDSSURSULDWHRPHGLDQWH
XQ3&PDRUDDQFKHJUD]LHDXQDFRPXQLVVLPD79GRWDWD
GLVHWWRSER[0+3
'DUHPRGDSSULPDXQTXDGURJHQHUDOHGHOO¶H*RYHUQPHQW
H GHOOD VXD DSSOLFD]LRQH QHO FDPSR WHOHYLVLYR LO 7
*RYHUQPHQW YHGHQGR OH UDJLRQL SHU FXL TXHVWR VLVWHPD
VKWPO
'LJLWDO9LGHR%URDGFDVWLQJ6LYHGDSDJLQD
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
GL FRPXQLFD]LRQH DSSDLD SDUWLFRODUPHQWH LQGLFDWR SHU LO
VXRVYLOXSSR
(VDPLQHUHPR SRL QHO GHWWDJOLR LO QXRYR VWDQGDUG 0+3
GDOOH QRWH VWRULFKH DOOH VXH VSHFLILFKH WHFQLFKH H
VWXGLHUHPR LO IXQ]LRQDPHQWR GHO WRRO GL VYLOXSSR SHU
DSSOLFD]LRQL 0+3 $OWL&RPSRVHU JUD]LH DO TXDOH DEELDPR
UHDOL]]DWRLOQRVWURSURJHWWR
,QILQH LOOXVWUHUHPR XQR VFKHPD DUFKLWHWWXUDOH GL 7
*RYHUQPHQW LQVLHPH D XQ HVHPSLR GL SURJHWWR GD QRL
UHDOL]]DWR DO TXDOH DEELDPR GDWR LO QRPH GL ³&HQWUR
VHUYL]L 0+3 GHO &RPXQH GL &DJOLDUL´ VSLHJDQGRQH
DSSURIRQGLWDPHQWHOHFDUDWWHULVWLFKHWHFQLFKH
/¶(*29(510(17
&RPH ULSRUWDWR QHO VLWR :HE GHO 0LQLVWHUR SHU
O¶,QQRYD]LRQHHOH7HFQRORJLH
³H*RYHUQPHQW WUDGX]LRQH JRYHUQR HOHWWURQLFR
DSSOLFD]LRQH GHOOH QXRYH WHFQRORJLH GHOOD FRPXQLFD]LRQH
,FW WUD FXL ,QWHUQHW DOOD JHVWLRQH GHO UDSSRUWR WUD
FLWWDGLQLHSXEEOLFDDPPLQLVWUD]LRQHDOORVFRSRGL VQHOOLUH
OHSURFHGXUHEXURFUDWLFKH IRUQHQGR VHUYL]L H LQIRUPD]LRQL
RQOLQH´
KWWSZZZLQQRYD]LRQHJRYLW
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
(¶QRWDDWXWWLODSDURODEXURFUD]LDHOHLPPDJLQLQRQFHUWR
SRVLWLYHFKHQHDFFRPSDJQDQRODPHPRULD
(VVD q QRQ VROWDQWR XQD SLDJD DOOD TXDOH VSHVVR VLDPR
VRWWRSRVWL FRQFUHWDPHQWH LQ RFFDVLRQH GHOOD IUXL]LRQH GL
LPSRUWDQWLVHUYL]LSXEEOLFLPDqDQFKHXQGDWRVFLHQWLILFR
FRPH GLPRVWUD XQR VWXGLR GHOO¶2FVH VHFRQGR FXL OD
EXURFUD]LD ID ³SDJDUH´DOOH LPSUHVHHXURSHHXQDVRUWDGL
WDVVDRFFXOWDFKHDUULYDD³SHVDUH´VLQRDOGHOYDORUH
GHOODSURGX]LRQH LQGXVWULDOHHXURSHDFRQXQFRVWRPHGLR
DQQXR GL ¼ SHU LPSLHJDWR H GL PLOD ¼ SHU
FLDVFXQD LPSUHVD FRPXQLWDULD PD FRQ XQD LQFLGHQ]D
PDJJLRUH SHU TXHOOH PLQRUL FKH UDSSUHVHQWDQR TXDVL LO
GHOWHVVXWRHFRQRPLFR
&RQ O¶LQQRYD]LRQH WHFQRORJLFD FKH QHJOL XOWLPL DQQL
VHPEUD DYHU LQWUDSUHVR XQD YRUWLFRVD VSLQWD LQ RJQL
VHWWRUH OD 3XEEOLFD $PPLQLVWUD]LRQH SULQFLSDOH
SURWDJRQLVWD GHOOD ³EXURFUD]LD´ SXz LQYHFH GLYHQWDUH XQ
SXQWR GL IRU]D GHL 3DHVLPRGHUQL DQ]LFKp FRQWLQXDUH DG
HVVHUH XQD VWUXWWXUD RUJDQL]]DWD LQ PRGR
DXWRUHIHUHQ]LDOH
5LSUHQGHQGR OD GHILQL]LRQH GDWD DOO¶LQL]LR GL TXHVWR
SDUDJUDIR VL FDSLVFH SHUWDQWR FRPH O¶H*RYHUQPHQW VLD
VWDWR SRVWR FRPH XQD GHOOH FRORQQH SRUWDQWL GL XQD SL
DPSLDHFRPSOHVVDVWUDWHJLDGLLQQRYD]LRQHFKHLO*RYHUQR
2UJDQL]]D]LRQHSHUODFRRSHUD]LRQHHORVYLOXSSRLQ(XURSD
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
,WDOLDQR H OD &RPPLVVLRQH (XURSHD KDQQR SRVWR FRPH
SULPDULDQHOODSURSULDD]LRQHSURJUDPPDWLFD
/D SURPR]LRQH GHOOD 6RFLHWj GHOOD ,QIRUPD]LRQH H OD
UHDOL]]D]LRQH GL XQ QXRYR PRGHOOR GL 6WDWR GLJLWDOL]]DWR
VRQR LQIDWWL OH GXHSULRULWj IRQGDPHQWDOL SHU OR VYLOXSSR
HFRQRPLFRVRFLDOHHFXOWXUDOH
3HUFDSLUQHDQFRUPHJOLRO¶LPSRUWDQ]DVLSHQVLDOFRQFHWWR
GL LPSUHVD H FLWWDGLQR FRPH FOLHQWL GHOOD 3XEEOLFD
$PPLQLVWUD]LRQH
,O FRQFHWWRGLFOLHQWHQRQVLJQLILFDFKH OH$PPLQLVWUD]LRQL
RSHUDQRLQXQ
RWWLFDGLSURILWWRPDSLVHPSOLFHPHQWHFKH
LO ORUR RELHWWLYR GLYHQWD TXHOOR GL HURJDUH VHUYL]L LQ OLQHD
FRQOHHVLJHQ]HGLFKLQHXVXIUXLVFHHODVRGGLVID]LRQHGHO
ULFHWWRUHGHOVHUYL]LRqVWUXPHQWRIRQGDPHQWDOHGLYHULILFD
GHOOD VXD TXDOLWj (
RSSRUWXQR VRWWROLQHDUH FKH WUD L
FLWWDGLQLFOLHQWLGHEERQR ILJXUDUHDSLHQRWLWRORHFRQSDUL
RSSRUWXQLWj L FLWWDGLQL LWDOLDQL DOO
HVWHUR H SHU TXHVWR
VSHFLILFR RELHWWLYR OH WHFQRORJLH VYROJRQR XQ UXROR
LQVRVWLWXLELOH
,QWDOPRGROD3XEEOLFD$PPLQLVWUD]LRQHGLYHQWDRULHQWDWD
DOO¶XWHQWHFLWWDGLQRRLPSUHVDFRPHIRUQLWULFHGLPRGHUQL
VHUYL]L FUHDWULFH GL YDORUH ³SXEEOLFR´ FRQ FXL VLD IDFLOH
RSHUDUH
,QTXHVWDGLUH]LRQHVRQRVWDWLFRPSLXWLSDVVLQRWHYROLQHJOL
XOWLPL WHPSL &RQ O
H*RYHUQPHQW JLj RUD LO FLWWDGLQR
FRQQHWWHQGRVLDG,QWHUQHWGDFDVDRGDOO
XIILFLRGLJLRUQR
RGLQRWWHODGRPHQLFDPDWWLQDRLOJLRUQRGL3DVTXDSXz
DYHUH DFFHVVR D PROWL VHUYL]L SXEEOLFL SHU L TXDOL SULPD
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
LQYHFH HUD FRVWUHWWR D UHFDUVL DG XQR VSRUWHOOR H IDUH OD
ILODLQRUDULSUHILVVDWLHVSHVVRULVWUHWWL
)LQDOPHQWH VL SDVVD GDOOH FRGH « DO FOLFN GHO PRXVH Ê
O
DIIHUPD]LRQHGLXQDUHDOHGHPRFUD]LDGLJLWDOH
8QVLVWHPDGLH*RYHUQPHQWQHLVXRLVYLOXSSLSLDYDQ]DWL
UDSSUHVHQWD LQIDWWL DQFKH XQ SRWHQWH VWUXPHQWR GL
FRLQYROJLPHQWR H SDUWHFLSD]LRQH GHL FLWWDGLQL DL SURFHVVL
GHFLVLRQDOL HYROYHQGR YHUVR PRGHOOL LQQRYDWLYL GL H
'HPRFUDF\
/R VYLOXSSR GHOO¶H*RYHUQPHQW QHO QRVWUR SDHVH q JLj
VWDWRDYYLDWRGDTXDOFKHDQQRHVLODYRUDPROWRLQTXHVWR
VHQVRSHUUDJJLXQJHUHLPLJOLRULRELHWWLYL
6RQR VWDWH DG HVHPSLR JLj HPHVVH QXPHURVH ILUPH
GLJLWDOL FKH KDQQR SHUPHVVR XQ QRWHYROH ULVSDUPLR SHU
KWWSZZZHGHPRFUDF\RUJLQWO
³/DILUPDGLJLWDOHFHUWLILFDO
LGHQWLWjGHOFLWWDGLQRLQPRGRSLVLFXUR
ULVSHWWR DOOD WUDGL]LRQDOH ILUPD H JUD]LH D XQ PHFFDQLVPR GL
FLIUDWXUD JDUDQWLVFH FKH LO FRQWHQXWR GHO GRFXPHQWR ILUPDWR
GLJLWDOPHQWHQRQVLDVWDWRDOWHUDWR7UDPLWHXOWHULRULFRGLFLGLFLIUDWXUD
qDQFKHSRVVLELOH UHQGHUH LOGRFXPHQWR LQDFFHVVLELOHDFKLXQTXHQRQ
QH DEELD OH
FKLDYL
´ >)URQWLHUH GL UHWH ,QWHUQHW FRVD F
q GL
QXRYR GL0DUFR &DOYR )DELR &LRWWL *LQR5RQFDJOLD0DUFR $ =HOD
/DWHU]D%DUL@
,O FRPPD GHOO¶DUWLFROR QXPHUR GHOOD OHJJH Q GHO PDU]R
PHJOLRQRWDFRPHOHJJH%DVVDQLQLULJXDUGDQWHODILUPDGLJLWDOH
DIIHUPD FKH JOL DWWL L GDWL H L GRFXPHQWL IRUPDWL GDOOD 3XEEOLFD
$PPLQLVWUD]LRQHHGDLSULYDWLFRQVWUXPHQWLLQIRUPDWLFLHWHOHPDWLFLL
FRQWUDWWLVWLSXODWLQHOOHPHGHVLPHIRUPHQRQFKpODORURDUFKLYLD]LRQH
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
O¶LQYLRWHOHPDWLFRGHJOLDWWLGHOOH LPSUHVHDO5HJLVWURGHOOH
,PSUHVH ,QROWUHPROWL VLWL ,QWHUQHWKDQQR UHVRGLVSRQLELOL
RQOLQHXQQXPHURFRVSLFXRGLPRGXOLHGLFHUWLILFDWL6RWWR
TXHVW¶XOWLPR DVSHWWR HPEOHPDWLFD O¶XVFLWD GL XQD JXLGD
FKHHOHQFDWXWWLLVLWL:HEFKHFRQVHQWRQRGLXVXIUXLUHGHL
QXRYLVHUYL]LGLJLWDOLGHOOD3XEEOLFD$PPLQLVWUD]LRQHFRPH
XQDVRUWDGL3DJLQH*LDOOHGHOO¶H*RYHUQPHQW
0D OH SURVSHWWLYH GHJOL DWWXDOL VLVWHPL JRYHUQDWLYL QHL
FRQIURQWL GHOO¶H*RYHUQPHQW VRQR YHUDPHQWH WDQWH HG
HVWUHPDPHQWH LQWHUHVVDQWL ,Q XQ IXWXUR RUPDL SURVVLPR
GLUHWWDPHQWH RQOLQH VDUj SRVVLELOH VFHJOLHUH LOPHGLFR GL
IDPLJOLD SUHQRWDUH OH YLVLWH PHGLFKH FDOFRODUH O¶,&,
YLVXUH FDWDVWDOL H SLDQL UHJRODWRUL ULFKLHGHUH OD
FRQFHVVLRQH HGLOL]LD SHU QXRYH RSHUH R ULVWUXWWXUD]LRQL
,QROWUH OH LPSUHVH SRWUDQQR FRPXQLFDUH RQOLQH OH
DVVXQ]LRQL WUDVIRUPD]LRQL R FHVVD]LRQL GHL UDSSRUWL GL
ODYRUR H XQ JLRUQR YHUUj ILQDOPHQWH GLVWULEXLWD OD &DUWD
G¶LGHQWLWjHOHWWURQLFD
H WUDVPLVVLRQH FRQ VWUXPHQWL LQIRUPDWLFL H WHOHPDWLFL VRQR YDOLGL H
ULOHYDQWLDWXWWLJOLHIIHWWLGLOHJJH
/DJXLGD³'DOOHFRGHDOFOLFN´qFRQVXOWDELOHJUDWXLWDPHQWHSUHVVRLO
VLWR KWWSZZZLQQRYD]LRQHJRYLWLWDQHZVFOLFNVKWPO 1HO q
XVFLWDODVHFRQGDHGL]LRQH
KWWSZZZLQQRYD]LRQHJRYLWLWDQHZVFOLFNVKWPO
,O OXJOLR q VWDWR SXEEOLFDWR LO GHFUHWR PLQLVWHULDOH FKH
GHILQLVFHOHUHJROHWHFQLFKHUHODWLYHDOODFDUWDG
LGHQWLWjHOHWWURQLFD/D
GHVFUL]LRQHGHOODQXRYDFDUWDG
LGHQWLWjVHFRQGROHJJHqODVHJXHQWH
/D FDUWD G
LGHQWLWj HOHWWURQLFD q FRVWLWXLWD GD XQ VXSSRUWR LQ
SROLFDUERQDWR VXO TXDOH VRQR LQVHULWL XQD EDQGD RWWLFD HG XQ
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
,/7*29(510(17
5DJJLXQJHUH O¶RELHWWLYR GL XQ H*RYHUQPHQW HIILFLHQWH
SRJJLD VX PRGHUQH LQIUDVWUXWWXUH ³DELOLWDQWL´ FKH QH
DVVLFXULQROHIXQ]LRQDOLWjGLEDVH
8Q WDOH FDPPLQR QRQ SXz HVVHUH IDWWR FKH DJHQGR LQ
PRGR FRRUGLQDWR VX WXWWH OH FRPSRQHQWL QRUPDWLYH
ILQDQ]LDULH RUJDQL]]DWLYH SURFHGXUDOL H VRSUDWWXWWR VXOOH
ULVRUVH XPDQH GLVFULPLQDQWH GL RJQL JUDQGH
WUDVIRUPD]LRQH
/D UHDOL]]D]LRQH FRQFUHWD GL XQ VLIIDWWR VLVWHPD VL EDVD
TXLQGLVXOVHJXHQWHPRGHOORGLULIHULPHQWRVWUDWHJLFR
PLFURSURFHVVRUH /D FDUWD q GHVWLQDWD D VYROJHUH VLD OD IXQ]LRQH GL
GRFXPHQWR GL LGHQWLWj FKH TXHOOD GL FDUWD VHUYL]L /D IXQ]LRQH GL
LGHQWLILFD]LRQH q VYROWD GDOOD FDUWD VWHVVD FKH UHFD LQ FKLDUR OH
JHQHUDOLWj GHO WLWRODUH GDOOD EDQGD RWWLFD H LQILQH GDO
PLFURSURFHVVRUH ,OPLFURFKLSqGHGLFDWRDOODSDUWH VHUYL]L , FRPXQL
SRVVRQR SUHGLVSRUUH VHUYL]L HG LQVWDOODUOL VXO FKLS $OFXQL VHUYL]L
ULFKLHGRQR OD PHPRUL]]D]LRQH GL GDWL VXOOD FDUWD DOWUL QR L SULPL
SRVVRQRHVVHUHFRPXQDOLRQD]LRQDOLTXHOOLFRPXQDOLSRVVRQRHVVHUH
SUHGLVSRVWLLQSLHQDDXWRQRPLDGDLFRPXQLPHQWUHSHUTXHOOLQD]LRQDOL
q QHFHVVDULD XQ
DXWRUL]]D]LRQH GD SDUWH GHO 'LSDUWLPHQWR GHOOD
IXQ]LRQH SXEEOLFD /H FDUWH VRQR SURGRWWH GDOO
,VWLWXWR 3ROLJUDILFR H
=HFFD GHOOR 6WDWR FKH SURYYHGH DQFKH DOOD
LQL]LDOL]]D]LRQH
GHOOH
VWHVVH SURFHGXUD FKH DWWULEXLVFH DO GRFXPHQWR OD TXDOLWj GL
GRFXPHQWRLQELDQFR$OODLQL]LDOL]]D]LRQHVHJXHODIRUPD]LRQHFKHq
OD IDVH LQ FXL LO FRPXQH LPSULPH VXOOD FDUWD L GDWL LGHQWLILFDWLYL GHO
WLWRODUHGHOODVWHVVDHTXHOOLQHFHVVDULSHUO
DFFHVVRDLVHUYL]L
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
(URJD]LRQHVHUYL]L8QLQVLHPHGLVHUYL]LGHYRQRHVVHUH
UHVL GLVSRQLELOL DWWUDYHUVR PRGDOLWj LQQRYDWLYH H DG XQ
OLYHOOR GL TXDOLWj HOHYDWR D XWHQWLFOLHQWL FLWWDGLQL HG
LPSUHVH 6RWWR TXHVWR SURILOR VL SRQH LO SURFHVVR GL
GLJLWDOL]]D]LRQH
4XHVWL VHUYL]L VDUDQQR IRUQLWL FRQ XQ XQLFR SXQWR GL
DFFHVVR DQFKH VH LPSOLFDQR O
LQWHUYHQWR GL SL
$PPLQLVWUD]LRQL /H FRPSOHVVLWj LQWHUQH DOOD 3XEEOLFD
$PPLQLVWUD]LRQH YHUUDQQR FLRq PDVFKHUDWH DOO
XWHQWH
FOLHQWH
5LFRQRVFLPHQWR GLJLWDOH 0RGDOLWj GL ULFRQRVFLPHQWR
GHOO
XWHQWHHGLILUPHVLFXUHDWWUDYHUVROD&DUWDGL,GHQWLWj
(OHWWURQLFD OD &DUWD 1D]LRQDOH GHL 6HUYL]L H OD ILUPD
GLJLWDOH
&DQDOL GL DFFHVVR 8QD SOXUDOLWj GL FDQDOL LQQRYDWLYL
DWWUDYHUVR FXL O
XWHQWH DFFHGH DL VHUYL]L RIIHUWL ,QWHUQHW
FDOOFHQWHUFHOOXODUHUHWLGLWHU]LHWF
(QWL HURJDQWL 8Q EDFN RIILFH HIILFLHQWH HG
HFRQRPLFDPHQWHRWWLPL]]DWRGHLGLYHUVLHQWLHURJDQWL
,QWHURSHUDELOLWj H FRRSHUD]LRQH 6WDQGDUG GL
LQWHUIDFFLD WUD OH $PPLQLVWUD]LRQL FKH FRQVHQWDQR
FRPXQLFD]LRQLHIILFLHQWLHWUDVSDUHQ]DYHUVRO
HVWHUQR
,QIUDVWUXWWXUD GL FRPXQLFD]LRQH 8Q
LQIUDVWUXWWXUD GL
FRPXQLFD]LRQHFKHFROOHJKLWXWWHOH$PPLQLVWUD]LRQL
&RQVLGHUDWL TXLQGL JOL VIRU]L GLUHWWL QHO QXRYR ULDVVHWWR
RUJDQL]]DWLYR GL WXWWH OH VWUXWWXUH DPPLQLVWUDWLYH JLj
HVLVWHQWL DOOD EDVH GL WXWWR VL SRQJRQR OH LQIUDVWUXWWXUH
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
WHFQRORJLFKH FKH SHUPHWWDQR LO IXQ]LRQDPHQWR GL XQ
DSSDUDWR WDQWR FRPSOHVVR JDUDQWHQGR LQ SULPR OXRJR LO
UDJJLXQJLPHQWRGL WXWWH OH$PPLQLVWUD]LRQL H GHJOL XWHQWL
FRUUHODWLFLWWDGLQLHLPSUHVHHLQVHFRQGRODIRUQLWXUDGHL
VHUYL]LDYDQ]DWLSURPHVVL
(OHPHQWL FKLDYH GL TXHVWD VRUWD GL ³ULYROX]LRQH GLJLWDOH´
VRQR VHQ]D GXEELR OD ³UHWH GHOOH UHWL´ ,QWHUQHW H LO
VLVWHPDWHOHYLVLYRGLJLWDOH
$WWXDOPHQWH LO PH]]R GL FRPXQLFD]LRQH YLD ,QWHUQHW SL
GLIIXVR q GL JUDQ OXQJD LO 3& 1RQRVWDQWH L QXPHURVL
LQFHQWLYLULYROWLDOO¶LQIRUPDWL]]D]LRQHSHUzLQPROWLSDHVLLO
WDVVRGLSHQHWUD]LRQHGHO3&ULPDQHDQFRUDEDVVRVSHFLH
VH SDUDJRQDWR D TXHOOR GHFLVDPHQWH VXSHULRUH GHOOD
WHOHYLVLRQH
1HO FDVR GHO QRVWUR SDHVH DG HVHPSLR OD WHOHYLVLRQH
DQDORJLFD KD XQ DOWLVVLPR WDVVR GL SHQHWUD]LRQH SDUL DO
GHOOH IDPLJOLH H UDSSUHVHQWD FRQ LO VXR PHUFDWR
SXEEOLFLWDULR XQD FRPSRQHQWH WUDLQDQWH GHOO¶HFRQRPLD
QD]LRQDOH 3HUWDQWR LO SURJUDPPD H(XURSH YROWR D
FRLQYROJHUH WXWWL QHOOD VRFLHWj GHOO¶LQIRUPD]LRQH LQFRQWUD
XQD IRUPLGDELOH EDUULHUD QHO EDVVR WDVVR GL SHQHWUD]LRQH
GHO 3& H ODVFLD LQWUDYHGHUH OD SRWHQ]LDOH HVFOXVLRQH GL
ODUJKHIDVFHGLSRSROD]LRQH
&RPH ULSRUWDWR GDO 0LQLVWHUR GHOOH &RPXQLFD]LRQL
>KWWSZZZFRPXQLFD]LRQLLWLWLQGH[SKS",G1HZV @
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
6L FDSLVFH TXLQGL OD QHFHVVLWj GL VYLOXSSDUH OH WHPDWLFKH
FRUUHODWH DOO¶H*RYHUQPHQW YHUVR XQR GHL FDQDOL GL
FRPXQLFD]LRQHSLGLIIXVLWUDODSRSROD]LRQHODWHOHYLVLRQH
DSSXQWR SHU UDJJLXQJHUH OR VFRSR SULPDULR GHO SURJHWWR
GL PRGHUQL]]D]LRQH GHOOD 6RFLHWj GHOO¶,QIRUPD]LRQH
O¶DFFHVVR DL VHUYL]L DYDQ]DWL GL XQD PRGHUQD 3XEEOLFD
$PPLQLVWUD]LRQHGDSDUWHGHOODSLDPSLDIDVFLDGLXWHQWL
0HQWUHQHJOLDQQLDGGLHWURQRQRVWDQWHO¶DOWLVVLPRLQGLFHGL
GLIIXVLRQH GHO VLVWHPD WHOHYLVLYR TXHVWR SURJHWWR HUD
FRQGL]LRQDWR GDL OLPLWL WHFQRORJLFL RJJL q UHVR SRVVLELOH
JUD]LH DOO¶LQWURGX]LRQH GHO GLJLWDOH DQFKH H VRSUDWWXWWR LQ
DPELWRDXGLRYLVLYR
6RVWLWXHQGR DOOD WHOHYLVLRQH DQDORJLFD TXHOOD GLJLWDOH
LQWHUDWWLYD LQIDWWL LO WHOHYLVRUH SXz FRQILJXUDUVL FRPH XQ
WHUPLQDOH XQLYHUVDOH SHU O¶DFFHVVR DOOD 6RFLHWj
GHOO¶,QIRUPD]LRQH H SHUPHWWHUH GL VXSHUDUH TXHVWR
RVWDFROR HYROYHQGRVL FRPHVWUXPHQWRGL XQPRGHUQRHG
HIILFLHQWH 6WDWR FLYLOH LQ SRFKH SDUROH SHU XVDUH XQ
OHVVLFRDGHJXDWRDLQXRYL WHPSLGDQGRYLWDDOFRVLGGHWWR
7*RYHUQPHQW
$Q]LWXWWRODUHWHGLJLWDOHqFRPSOHPHQWDUHHLQWHURSHUDELOH
FRQ OH DOWUH UHWL GL FRPXQLFD]LRQH ILVVD H PRELOH
/¶LQWHURSHUDELOLWj WUD OH GLYHUVH SLDWWDIRUPH DXPHQWDQGR
O¶HIILFLHQ]D GHO VLVWHPD FRPXQLFDWLYR H L FDQDOL D
GLVSRVL]LRQH GHL IRUQLWRUL GL FRQWHQXWL DXPHQWD GL
FRQVHJXHQ]DODSRVVLELOLWjGLVFHOWDGHLFOLHQWL
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
/D WUDQVL]LRQH DO GLJLWDOH DSSRUWD DQFKH DOWUL LPSRUWDQWL
EHQHILFLOHJDWLDOODQDWXUDGLJLWDOHGHOVHJQDOHWUDVPHVVR
DSRVVLELOLWjGLUHJRODUHODTXDOLWjDXGLRYLGHRGHLVLQJROL
FDQDOL WHOHYLVLYL LQEDVHDGREELHWWLYLGLTXDOLWjHGLFRVWR
GHOODFDSDFLWjWUDVPLVVLYDGDGHGLFDUHDFLDVFXQFDQDOH
E ULGX]LRQH GHOO¶LQTXLQDPHQWR HOHWWURPDJQHWLFR GRYXWD
DOO¶LPSLHJR GL XQ PLQRU QXPHUR GL ULSHWLWRUL D SDULWj GL
FDQDOL WHOHYLVLYL H DOO¶XWLOL]]R GL PLQRUL SRWHQ]H GL
WUDVPLVVLRQHDQFKHGLPH]]DWHULVSHWWRDOFDVRDQDORJLFR
F PXOWLPHGLDOLWj RYYHUR OD SRVVLELOLWj GL DJJLXQJHUH DL
IOXVVLVWDQGDUGGLXQSURJUDPPDWHOHYLVLYRYLGHRDXGLR
WHOHYLGHRXOWHULRULFRPSRQHQWLPHQDXGLRDOWHUQDWLYR
YLGHRFOLS ILQHVWUH JUDILFKH WHVWL LQ VRYUDLPSUHVVLRQH
DQLPD]LRQL SURJUDPPL GDWL WXWWH IXQ]LRQL JHVWLELOL
GDOO¶XWHQWHWUDPLWHLOWHOHFRPDQGR
GLQWHUDWWLYLWjRYYHURODSRVVLELOLWjSHUO¶XWHQWHGLLQYLDUH
PHGLDQWH LO 6HW 7RS %R[ SLORWDWR GDO WHOHFRPDQGR
ULFKLHVWHHSURSULGDWLLQUHWHDWWUDYHUVRXQFROOHJDPHQWR
GHGLFDWR FDQDOH GL ULWRUQR R SL SURSULDPHQWH FDQDOH
LQWHUDWWLYR OLQHD WHOHIRQLFD ILVVD $'6/ *60*356
8076 H GL ULFHYHUH VX WDOH FDQDOH LQIRUPD]LRQL
SHUVRQDOL]]DWHHGHYHQWXDOPHQWHULVHUYDWH
/¶LQWHUDWWLYLWj DSSDUH GL JUDQ OXQJD O¶LQQRYD]LRQH GL
PDJJLRU LPSDWWR DSSRUWDWD GDOOD WHOHYLVLRQH GLJLWDOH
*UD]LH DG HVVD LO GLJLWDOH UDSSUHVHQWD LO PRPHQWR GL
FRQYHUJHQ]D WUD OD WHOHYLVLRQH O¶LQIRUPDWLFD H OH
$UFKLWHWWXUHDSSOLFDWLYHSHULO7*RYHUQPHQW
&DSLWROR±/¶LQQRYD]LRQHWHFQRORJLFDDOVHUYL]LRGHOFLWWDGLQR
WHOHFRPXQLFD]LRQL/¶DSSDUHFFKLR WHOHYLVLYRDQDORJLFRFRQ
OD VHPSOLFH DJJLXQWD GHO VHWWRS ER[ GLYHQWD XQR
VWUXPHQWR HIILFDFH H FRPRGR SHU O¶RIIHUWD GL VHUYL]L
LQWHUDWWLYL FKH VL DJJLXQJRQR FRVu DOOD WUDGL]LRQDOH
GLVSRQLELOLWj GL FRQWHQXWL WHOHYLVLYL UHDOL]]DQGR FRVu XQD
SURVSHWWLYD XQ WHPSR QHDQFKH LPPDJLQDELOH LO 7
*RYHUQPHQW