22 September 2020

The MNB will hold an international online green financial conference on 12 October 2020. At the event, the subjects of discussion will include greening the economic recovery after the COVID pandemic, assessment of the adverse effects brought on by climate change, and the funding opportunities for renewable energy production.

After last year’s event of strong general interest, the MNB will also hold its conference on the financial matters of environmental sustainability, in cooperation with the European Bank of Reconstruction and Development (EBRD), Central Banks and Supervisors Network for Greening the Financial System (NGFS) and other international partner institutions. The language of the event will be English and it will focus on Central Europe, therefore in addition to participants from Hungary (banks, asset managers, investors and other financial organisations, stock exchange issuers, regulatory bodies, civil society organisations, researchers etc.) representatives from the neighbouring countries will also be in attendance as presenters or members of the audience.

This year, the presentations, discussions will be centred around the assessment of the adverse economic effects of the climate change, their quantification, renewable energy production as well as investments in energy efficiency, upon the green recovery from the COVID pandemic.

Presenters will include the director general of the International Renewable Energy Agency (IRENA), the special advisor to the governor of the Bank of China, the CEO of the Climate Bonds Initiative, the key organisation of green bonds.

The event will be held online on 12 October due to the COVID-19 pandemic. A detailed event programme can be accessed at Zoldpenzugyek.hu. Registration can also be completed here.

Three additional events will be linked to the programme. On 13 October, a scientific conference will be held by the MNB, jointly with the Corvinus University of Budapest named Central-European Scientific Conference on Green Financial Matters and the Sustainable Development. From 13 to 16 October, jointly with the London Stock Exchange Group Academy, the subsidiary of the Budapest Stock Exchange, the Budapest Institute of Banking, owned by the MNB, will launch an international training on the integration of environmental, social sustainability aspects (ESG) for stock exchange issuers and investors. On 13 October the European Commission’s  Round Table of Energy Efficiency  will meet.

Magyar Nemzeti Bank