The Central Bank of Hungary (“MNB”) has launched its Green Program early 2019 to mitigate the risks associated with climate change and other environmental problems, to expand green financial services in Hungary, to widen the related knowledge base in Hungary and abroad, and to reduce financial market participants’ and its own ecological footprint.
The Program consists of three pillars:
- The various initiatives include elements about the financial sector
- The development of the MNB’s social and international relations
- The further greening of its own day-to-day operations