Hungary applied for a €7.17 billion loan. Water management, digital upskilling, and social power plants are some of the actions Budapest plans to carry out. However, the Hungarian proposal hasn’t been endorsed yet, as it doesn’t comply with the EU assessment criteria on anti-corruption measures. In addition to better water management, the Hungarian plan reforms the energy markets, by investing in smart grids and nurturing solar energy. As the European Commission hasn’t given its green light yet, the cabinet established a National Recovery Fund to start decarbonizing the country. Are you curious about how Hungary is planning to decarbonize? Read more in our stories below.
How much did Hungary emit in 2019?
Greenhouse gas emissions per capita in the EU
Less greenhouse gas emissions per capita than the EU average