The National Bank of Hungary (MNB) is supporting the green transition and the achievement of domestic climate goals through a new professional partnership, according to the central bank's website.
The MNB has signed a cooperation agreement with the Hungarian Hydrogen Technology Association (MHTSZ). The main objective of the agreement is to assess the financing needs of hydrogen technology investments, taking into account the potential role of hydrogen in the green transition, with particular regard to the decarbonization of the transport sector and energy-intensive, high-carbon-emission industrial sectors, which has a significant impact on the achievement of national climate strategy goals.
Within the framework of cooperation based primarily on knowledge sharing, the MNB and the MHTSZ will examine the possibility of conducting joint research and studies in order to explore financing options for hydrogen investments and develop a set of conditions for capital requirement relief to support green hydrogen projects. In their joint work, the parties will also place great emphasis on exploring the potential and risks associated with the use of hydrogen technology.












