Hungary’s central bank completes carbon capture programme
MNB expects 75% reduction in emissions by end of 2025
The Central Bank of Hungary (MNB) is offsetting its remaining annual CO2 emissions by financing a carbon capture programme.
On August 22 the bank received a “habitat restoration certificate” from the World Wide Fund for Nature (WWF), a Swiss non-governmental organisation focused on wilderness preservation.
This was after the bank financed the restoration of a 27-hectare oak forest and the creation of 32 hectares of a “wetland forest mosaic” close to the river Drava, a tributary of the Danube.
The
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