Central Bank of Hungary adopts green monetary policy
Policy sees central bank launch green mortgage bond purchase programme
The Central Bank of Hungary (MNB) has adopted a monetary policy strategy that allows it to support green finance as part of its mandate to achieve price stability.
“The MNB – within the framework set by the act and without compromising the achievement of its other objectives – aims to support sustainable economic transformation,” the central bank said as it published its green policy toolkit earlier in July.
The policy will see the central bank take a more active role in promoting green
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