Energy

Roundtable on financing energy efficiency in Hungary, 13 October 2020, on-line event

13 October 2020

Location: 
on-line

The European Commission in cooperation with the Central Bank of Hungary is 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 for energy efficiency. The national roundtable aims to bring together stakeholders in the field of sustainable energy financing and to create a dynamic at the national level, which will then be continued by the key stakeholders, and possibly followed up at a second roundtable.

The event will build on with the most recent EU strategy in the frames of the European Green Deal: the European Green Deal Investment Plan. It will link to its three dimensions: (i) financing (mobilise EU funding), (ii) enabling: providing incentives to unlock and redirect public and private investment, and (iii) practical support to public authorities and project promoters in planning, designing and executing sustainable projects. Further the event will consider how to align post-pandemic economic recovery with the green transition. In hindsight, the 2008 financial crisis indicates that green projects create more jobs and lead to increased long-term cost savings, as compared to traditional fiscal stimulus.

The event will be held in Hungarian with simultaneous interpretation.