MNB Among Greenest Central Banks
Image by Jessica Fejos
The National Bank of Hungary (MNB) scored higher than any G20 central bank in a self-assessment of policies supporting sustainable financial practices, the MNB said in a release on its website.
The MNB conducted the self-assessment of its environmental sustainability efforts using the Green Central Banking Scorecard developed by Positive Money. This London-based nonprofit research organization tracks the progress of central banks in G20 countries towards supporting the green transition by greening their policies and practices.
The self-assessment, checked and validated by Positive Money, showed the MNB would be ahead of all G20 countries in the Green Central Banking Scorecard ranking.
The evaluation shows the MNB "has firmly asserted itself as a leading advocate for sustainability and responsible financial practices," Positive Money said, acknowledging the MNB's comprehensive climate strategy covering actions to integrate climate considerations into its monetary policy, financial stability and research functions.
ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan
EC Puts Hungary 2024 GDP Growth at 2.4%
HU-rizon Program: HUF 8 bln Funding for International Resear...
Inspiring Women at the Focus of Gourmet Fest
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
