According to Mihály Varga, Hungary can be one of the winners of the green transition
Hungary has the financial means to be one of the winners of the green transition of the world economy – Mihály Varga stated in a press release from the Ministry of Finance (PM) at the finance minister’s round table held at the UN Climate Change Conference in Dubai.
According to the announcement, the finance minister said: “if we want to be successful, green energy must be produced and stored, and the Hungarian government will seize every opportunity in this regard.”
Hungary has achieved significant results in the fight against climate change, which speak for themselves: it is one of the few states that, since 1990, has been able to increase its industrial production while reducing emissions, the head of the ministry pointed out. However, it is clear that the future of the Hungarian economy is green energy: we must continue to transform the economy into a modern, sustainable economy, which is also a serious competitiveness factor. The new world economic order, the green world economy, is born in the competition between national economies and companies, and since Hungary caught on to green investments in time, it will participate in the competition with good chances, the minister added.
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