“The circular economy can become an opportunity to systematise and restore meaning to many actions that the former banking foundation system in Italy carries out to catalyse and re-circulate resources (ideas, passions, voluntary work, trust, solidarity) in our society,” claims Sonia Cantoni, Fondazione Cariplo’s board member in charge of environmental issues. The foundation system is an important player for Italy’s sustainable development: in 2016 – according to ACRI data (“Associazione fondazioni e casse di risparmio Spa,” “association of Italian savings banks and foundations”) – has allocated the non-profit world (public administration and third sector associations) €101 million for local development, €14 million for the environmental protection and quality, €27 ...