The VAMIL (Free Depreciation Environment Investment) and MIA (Environmental
Investment Allowance) are both fiscal measures. The VAMIL is introduced
in 1991 and gives applicants liquidity or interest advantage. Companies are free to
choose how to write off investment costs in environmental assets. This fiscal measure
supports environmental friendly behaviour by offering accelerated depreciation
of environmental investments. The MIA is (like the EIA) a fiscal deduction scheme
that covers investments in environmental friendly assets.