Central Bank of Hungary Becomes Carbon Neutral скачать в хорошем качестве

Central Bank of Hungary Becomes Carbon Neutral

The MNB neutralises its ecological footprint in close cooperation with WWF Hungary. After the successfull forest restoration program at Pápateszér. The MNB expects to fully neutralise its carbon-dioxide emission arising from its operation by a large-scale afforestation near Geszt, Hungary. The MNB also made an ambitious commitment to reduce its carbon-dioxide emission, meaning that the Bank would cut back on its greenhouse-gas footprint by 30 per cent in the following two years, and by 80 per cent until 2025. This undertaking significantly exceeds the EU’s 2030 emission reduction target of 40 per cent, and the level of 55 per cent to be approved as a result of the revision of the legislation currently in effect. To compensate for all emissions that cannot be reduced further, the MNB wishes to implement habitat restoration projects which will be capable of absorbing the entire amount of its carbon footprint in the coming years. To achieve this, the Bank invited WWF Hungary to map habitat restoration projects justified in terms of environmental protection in December 2020. Acting on a proposal made by the Foundation, the MNB plans to implement an afforestation project of 27 hectares near Geszt in the Körös-Maros National Park in 2021. As a result, the Magyar Nemzeti Bank is among the first of the world’s central banks to make a commitment to long-term carbon neutrality.