While Italy has made major progress in the past decade to up-skill its population and workers, further efforts are needed to improve access to good quality adult learning opportunities. Training funds represent one important tool through which Italy could face the pressures brought about by the mega-trends, and equip adults and workers with the skills needed to thrive in the labour market and society. This report analyses how training funds are designed, used, and monitored, and provides actionable policy recommendations to ensure that they are put to their most effective use.