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Hungary supported the eu climate neutrality target and committed to climate neutrality by 2050 in law. Hungary’s green bonds to support the country’s climate change & environmental. This green bond framework has been designed to align with the forthcoming eu green bond standard and international best market practices.
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All of hungary’s green bonds will be issued. The integrated report on the allocation and environmental impact of hungary’s green bond proceeds, 2022 provides insight to both the allocation of proceeds obtained by green bonds. By the issuance of green bonds, hungary declared its intention to proactively contribute to the development of sustainable finance both in international and in hungarian capital markets. Green corporates bonds emerged within the bond funding for growth scheme (nkp).
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Targeted mnb programs helped to develop the mortgage bond market. Huf, which represents the 4,5%.
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