Tour Europe

Green Economy Transition

14 November 2019

In collaboration with the British Embassy and the British Hungarian Chamber of Commerce the Department for International Trade in Hungary hosted a workshop on green economy transition at the Ambassador’s Residence. The event aimed to highlight the importance of sustainable development initiatives and was an excellent example of providing a detailed picture of the major aspects of the UK, EU and Hungarian green agenda.

Jono Adams, Associate Partner from Anthesis Group invited by DIT Budapest delivered an excellent presentation on the UK’s sustainability agenda focusing on how local governments and corporates adapt to the UK low-carbon landscape. After the plenary session, Hungarian businesses with sustainable solutions had the opportunity to speak with him about ongoing projects and opportunities in the UK market.

Richard Lewney, Chairman of Cambridge Econometrics spoke about the UK’s ambition to reach net zero target for carbon emissions by 2050. Mr. Lewney explained how the net zero economy by 2050 is anticipated by the UK and what are the necessary policies to develop. He also dedicated a part of his presentation to the expected economic impacts as well as to the key obstacles to overcome.

Ursula Woodburn, Head of EU Relations for the CLG Europe, Cambridge University explained how major industry players in the UK and the EU commit themselves to secure a smooth, equitable and positive transition to a sustainable economy. Ms Woodburn presented the current status of the European Green Deal, the carbon policy of the new European Commission, and provided an outlook for the opportunities offered by the new European climate policy to the Central and Eastern Europe.

Istvan Bart, Director of Climate Energy Institute 2050 gave an overview of the major sectors contributing to environmental pollution and provided a snapshot of the CEE region’s achievements in reducing emission. The focus of Mr. Bart’s presentation was largely focused on the challenges of economic sectors subject to effort sharing which seems to be less efficient in carbon emission saving in comparison of the area regulated by the emission trading.

The Hungarian stop of the Sustainability Tour Europe attracted a selected audience of over 50 attendees from companies in various industries, government bodies and academy, all with expertise and strong commitment to support the implementation of sustainable development projects in Hungary and internationally.

24 MARCH 2020

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