• Home
• Channel: Current Affairs
• Hungary Aims to be Climate Neutral by 2050

Hungary Aims to be Climate Neutral by 2050

• 8 Sep 2021 9:32 AM
• Hungary Matters

Hungary aims to be climate neutral by 2050, and the government is examining ways to reduce carbon emissions to the level that Hungarian forests can absorb by that time, the state secretary for climate, energy policy and the development of the circular economy said.

Attila Steiner told Portfolio’s Sustainable World 2021 conference that the government launched its National Clean Development Strategy to achieve those goals.

The 2050 deadline has also been enshrined in law, he noted. Making the green transition is an economically viable strategy where widespread social support is also crucially important, Steiner said.

Hungary reduced carbon emissions by 32% between 1990 and 2019 — putting Hungary in the top third of European Union emission slashers — while its economic performance skyrocketed, Steiner said.

“Hungary successfully decoupled emissions reduction from its economic trajectory,” he said. Regarding funding of the green transition in Hungary, Steiner noted that government’s green bonds are oversubscribed multiple times.

Profits from the bonds will go towards green projects, among other resources, he added.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Climate

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

OECD's New Verdict on Hungary Comes with a Warning & Advice

• 24 Jul 2026 11:53 AM

Hungary has made significant progress in closing the gap with OECD living standards, but must implement reforms to improve public finances and lay the foundations for future growth, the Organisation for Economic Co-operation and Development (OECD) said in a report released.



New Multi-Billion St Stephen Initiative to Revive Rural Hungary

• 17 Jul 2026 10:25 AM

The government has held a first reading of the St Stephen Programme, which aims to develop rural areas and support people in living there, Prime Minister Peter Magyar told a press briefing.



Balaton Under Siege From Multiple Threats, Reports Expert

• 1 Jul 2026 6:57 AM

Lake Balaton is under siege from multiple threats, the head of the Balaton Limnological Institute, Gabor Vasas, said, referring to building new developments on the shoreline, dying reed beds, pollution from sunscreens, chemicals, and pharmaceuticals, as well as warming waters driven by climate change.



Updated: EU to Unlock Over Euro 15 Billion for Hungary

• 1 Jun 2026 10:39 AM

"We have agreed with the President of the European Commission on the release of 16.4 billion euros, approximately 6,000 billion forints, in EU funds," Prime Minister Peter Magyar announced in Brussels on Friday.