All rights reservedFabbro, Sandro2023-10-042023-10-042017978-989-99801-3-6 (E-Book)https://hdl.handle.net/20.500.14235/727Book of proceedings: Annual AESOP Congress, Spaces of Dialog for Places of Dignity, Lisbon, 11-14th July, 2017The territorial impact of the longest and most severe post-war economic crisis is interacting, in Italy, with endemic territorial neglect that exposes people and local communities to devastating risks and a permanent state of insecurity and uncertainty. The "low carbon future" has also assumed, in the institutional and scientific literature and beyond its direct environmental implications, wider technological and socio-economic implications. A decades-long cycle of "reterritorialization", based on the regeneration of "territorial capital", can therefore become a major "Country project", at both local and national levels. It should be aimed at assuring security to the people exposed to risks, redevelopment of the settlements, certainty for investments, basic efficiency in the residential, production and service systems. It should also be oriented, on a broader horizon, towards the low carbon future. The huge financial commitment and the European fiscal compact are often considered the real constraints to the feasibility of such projects. However, the simulation (qualitative and quantitative) that is conducted in this paper, with reference to the Friuli Venezia-Giulia Region (not particularly large although functionally rather complex and governed with a Special Statute of Autonomy), demonstrates that the main problem is not so much financial nor the constraints on public budgets because most of the resources, in the regeneration of territorial capital, would be private (household savings), while public resources (essentially regional) should above all play a leveraging role. The problem appears rather to be cultural and political.EnglishopenAccessconferenceObject1597-1603