Central Bank of Hungary

10/14/2019 | News release | Distributed by Public on 10/14/2019 01:59

MNB and EBRD to jointly organise international conference on green finance

14 October 2019

Instruments available for credit institutions and central banks for managing climate risks will be one of the main topics of discussion at an international conference on green finance to be organised jointly by the MNB and EBRD in November. Prior to this event, members of the Central Banks and Supervisors Network for Greening the Financial System will be consulting about the implementation of the Network's recommendations in Budapest.

An international conference on green finance, organised jointly by the Magyar Nemzeti Bank (MNB) and the European Bank for Reconstruction and Development (EBRD), will take place in Budapest on 15 November 2019. Among others, the event will encompass themes such as the role of central banks in managing climate risks, emerging opportunities of credit institutions in green lending and new types of environmentally and socially responsible, or so-called ESG compliant, investment opportunities.

The speakers at the conference include representatives of international banks and fund managers leading in the area of green finance, central bankers, credit rating agencies, academics and other key institutions. Participants at this internationally significant event are members of financial communities in Central and Eastern Europe, Central Asia and the Caucasus. Registered representatives of the domestic and international media will be reporting from the invitation-only conference.

The planned agenda of the conference can be accessed here:

Closely related to this programme, a seminar will be held on 14 November 2019 for the region's central banks and supervisory authorities under the aegis of the Central Banks and Supervisors Network for Greening the Financial System (NGFS). Representatives of the invited national authorities will discuss the implementation of recommendations in the NGFS's report, titled 'A call for action' published in April 2019.