National Roundtable on Financing Energy Efficiency in Hungary
Author: Tibor Schaffhauser

As part of the Sustainable Energy Investment Forums initiative (SEIF), the European Commission and the National Bank of Hungary are organising a national roundtable in Hungary to enhance the capacity of and co-operation between public and private stakeholders to develop large-scale investment programmes and financing schemes on 13th October 2020.

This national roundtable aims to bring together stakeholders in the field of sustainable energy financing. The aim is to create a dynamic at the national level, which will then be continued by the key stakeholders, and possibly to be followed up through a second roundtable.

The roundtable will devote a significant amount of time to discussions in breakout sessions and interaction between participants to discuss the selected topics in depth and to provide recommendations and specific actions to facilitate energy efficiency investment in Hungary.

As to the latest EU strategy development the event will interact with the “European Green Deal Investment Plan” in relation to its three dimensions: Financing (mobilise EU funding), enabling (providing incentives to unlock and redirect public and private investment), and practical support (provide support to public authorities and project promoters in planning, designing and executing sustainable projects). Further the event will consider how to align COVID-19 economic recovery with the green transition. Learnings from the 2008 financial crisis indicates that green projects create more jobs and lead to increased long-term cost savings, by comparison with traditional fiscal stimulus.

Check the agenda and background paper here.

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