London Daily

Focus on the big picture.
Thursday, Dec 25, 2025

High Hopes and the Highest Representation for Hungary at COP26

High Hopes and the Highest Representation for Hungary at COP26

Ahead of the COP26 UN climate change conference in Glasgow, the Budapest Business Journal interviewed Attila Steiner, State Secretary for the Development of Circular Economy, Energy, and Climate Policy at the Ministry for Innovation and Technology, about his expectations.
BBJ: Hungary is sending its biggest delegation to date to Glasgow. Why such a large party?


Attila Steiner: Yes, our COP26 delegation consists of 44 delegates, of which 17 represent civil society and the scientific sector. Compared to previous years, the number of participants from the civil and scientific sectors (the so-called Party Overflow delegates) has increased substantially. Hungary will be represented at the highest possible level at this year’s COP, as our Head of State, President János Áder, took part at the World Leaders Summit, delivering our national statement at the conference. Our negotiation team, as part of the EU group, will participate throughout the conference. COP26 is taking place at a globally crucial moment to enhance the green recovery and commit to ambitious climate action to achieve Paris Agreement goals.

BBJ: What does Hungary hope to see from COP26 for itself, the region, and the planet?


AS: According to the last report of the Intergovernmental Panel on Climate Change (IPCC), approved in August 2021, reaching climate neutrality is a precondition for capping global warming between 1.5 °C and 2°C, and for the major, sustained, and large-scale reduction in all greenhouse gases. We hope that this aspiration of the European Union and its Member States will inspire other countries, especially major emitter economies, to commit themselves to reach climate neutrality by mid-century (along with more ambitious climate action). Thus, we hope to come to an agreement on outstanding issues on the implementation of the Paris Agreement aiming to keep global warming below 1.5°C, including the rules of a new emissions trading system; plus on advancement regarding climate adaptation and funding the fight against climate change that could step up climate action throughout the world.

BBJ: Do you have any concerns that environmental regulation might harm Hungary’s competitiveness?


AS: Over the past decade, our economic growth has been decoupled from greenhouse gas emissions, which means we achieve GDP growth while we keep reducing our emissions. According to projections, this tendency is set to continue through investment in our economy’s just and green transition; we are approaching climate neutrality, to which goal Hungary is fully committed.

All in all, a gradual green transition is an absolute necessity. However, it can only occur if the industrial and economic changes required do not impose a disproportionate burden on society and do not impair the competitiveness of EU businesses or endanger thousands of jobs. It is crucial that the transition to sustainable technologies does not disproportionately hamper economic growth or lead to mass shutdowns. This would affect the entire society, and there is a risk that we may lose its support, which is otherwise a source of pressure to stimulate change. I believe that industries facing a significant risk of losing competitiveness need to be effectively protected. If we make people exasperated with climate policy, that could cause an end to all climate action. We should not risk our future by choosing the wrong measures to reach our targets. Hungarian people and companies believe it is essential to act against climate change; we have to make it possible for them to make headway.

BBJ: What are the most significant environmental challenges facing Hungary?


AS: Global climate change affects Hungary and the Carpathian Basin region with above-average warming levels. We already see unexpected, extreme weather events, more frequent and longer-lasting heatwaves, sometimes heavy precipitation, then drought, for example. Forests, which are supposed to absorb more and more carbon dioxide, are highly vulnerable to changes in climate zones. Complex issues also need to be addressed in water management, agriculture, public utilities, food security, and many other sectors. The Hungarian Government adopted a comprehensive report on the effects of climate change in the Carpathian Basin in January 2020, which provides a significant scientific base and foundation for all our major strategies and action plans in energy and climate policy.

BBJ: Which areas present the most significant opportunities for the country?


AS: We see great opportunities in green investments as we are committed to achieving our ambitious goal of becoming climate neutral by 2050. We especially welcome the priorities of the British COP Presidency, such as the ending of carbon dioxide phase-out and a just transition, as well as green mobility. We aim to phase out our last remaining coal-fired units of the Mátra Power Plant by 2030 at the latest. To ensure a sustainable and just transition for the region, we are implementing a strategic project through EU- and national co-financing and the partnership of 22 stakeholders. The Hungarian Green Bus Program is one of the most ambitious green mobility programs in Central Europe, which enhances green mobility solutions in cities and broader areas, such as the Mátra region.

BBJ: The government has made great efforts to boost the contribution of solar power to the energy mix. There seems no such enthusiasm for wind. Why is this so?


AS: Our country is particularly well-suited to generate large quantities of electricity from solar panels, so with the Climate and Environmental Protection Action Plan announced last year, our goal is to increase the output capacity of solar power plants six-fold in 10 years. In mid-October, the government launched a large-scale HUF 201 billion grant application program for enterprises, and one for households will start in December. The tender is the largest EU Recovery Instrument program in Hungary, pre-financed by the government from the newly-established National Recovery Fund.

The call for tender will help sustain the results of the energy consumption cuts by enabling families, who otherwise would not be able to invest in solar panels, to become more self-sufficient in electricity generation. Almost 35,000 households earning less than the national average income will benefit from this incentive, 11,600 of which will be eligible to receive funding for heating system upgrades.

Wind energy already comprises a part of our renewable energy mix, but due to our natural conditions, weather-dependent renewable energies can be exploited to varying degrees across the country. A comparison of solar and wind energy shows that we are better off with the former than with the latter.

BBJ: Are there any uniquely Hungarian approaches to environmental issues?


AS: Hungary used to be unique in opposing the idea that the most vulnerable groups should pay the cost of ambitious climate policies; however, now our example seems to be followed by more and more countries, both in Eastern and Western Europe, and they opt for regulating gas and electricity prices.

The fact that our country is making earnest efforts to protect the climate is even recognized by KPMG’s recent study, the Net Zero Readiness Index (NZRI), which assesses the performance of countries according to their decarbonization strategies. In this list, Hungary ranks 13th, ahead of countries such as the United States, Singapore, and Australia. Even better, we are one of the top five countries with the highest scores in the area of legislative action. Of course, the occasion for this survey was the COP26 climate summit in Glasgow, where I believe we have nothing to be ashamed of; quite the contrary.

Newsletter

Related Articles

0:00
0:00
Close
UK Mortgage Rates Edge Lower as Bank of England Base Rate Cut Filters Through Lending Market
U.S. Supermarket Gives Customers Free Groceries for Christmas After Computer Glitch
Air India ‘Finds’ a Plane That Vanished 13 Years Ago
Caviar and Foie Gras? China Is Becoming a Luxury Food Powerhouse
Hong Kong Climbs to Second Globally in 2025 Tourism Rankings Behind Bangkok
From Sunniest Year on Record to Terror Plots and Sports Triumphs: The UK’s Defining Stories of 2025
Greta Thunberg Released on Bail After Arrest at London Pro-Palestinian Demonstration
Banksy Unveils New Winter Mural in London Amid Festive Season Excitement
UK Households Face Rising Financial Strain as Tax Increases Bite and Growth Loses Momentum
UK Government Approves Universal Studios Theme Park in Bedford Poised to Rival Disneyland Paris
UK Gambling Shares Slide as Traders Respond to Steep Tax Rises and Sector Uncertainty
Starmer and Trump Coordinate on Ukraine Peace Efforts in Latest Diplomatic Call
The Pilot Barricaded Himself in the Cockpit and Refused to Take Off: "We Are Not Leaving Until I Receive My Salary"
UK Fashion Label LK Bennett Pursues Accelerated Sale Amid Financial Struggles
U.S. Government Warns UK Over Free Speech in Pro-Life Campaigner Prosecution
Newly Released Files Shed Light on Jeffrey Epstein’s Extensive Links to the United Kingdom
Prince William and Prince George Volunteer Together at UK Homelessness Charity
UK Police Arrest Protesters Chanting ‘Globalise the Intifada’ as Authorities Recalibrate Free Speech Enforcement
Scambodia: The World Owes Thailand’s Military a Profound Debt of Gratitude
Women in Partial Nudity — and Bill Clinton in a Dress and Heels: The Images Revealed in the “Epstein Files”
US Envoy Witkoff to Convene Security Advisers from Ukraine, UK, France and Germany in Miami as Peace Efforts Intensify
UK Retailers Report Sharp Pre-Christmas Sales Decline and Weak Outlook, CBI Survey Shows
UK Government Rejects Use of Frozen Russian Assets to Fund Aid for Ukraine
UK Financial Conduct Authority Opens Formal Investigation into WH Smith After Accounting Errors
UK Issues Final Ultimatum to Roman Abramovich Over £2.5bn Chelsea Sale Funds for Ukraine
Rare Pink Fog Sweeps Across Parts of the UK as Met Office Warns of Poor Visibility
UK Police Pledge ‘More Assertive’ Enforcement to Tackle Antisemitism at Protests
UK Police Warn They Will Arrest Protesters Chanting ‘Globalise the Intifada’
Trump Files $10 Billion Defamation Lawsuit Against BBC as Broadcaster Pledges Legal Defence
UK Says U.S. Tech Deal Talks Still Active Despite Washington’s Suspension of Prosperity Pact
UK Mortgage Rules to Give Greater Flexibility to Borrowers With Irregular Incomes
UK Treasury Moves to Position Britain as Leading Global Hub for Crypto Firms
U.S. Freezes £31 Billion Tech Prosperity Deal With Britain Amid Trade Dispute
Prince Harry and Meghan’s Potential UK Return Gains New Momentum Amid Security Review and Royal Dialogue
Zelensky Opens High-Stakes Peace Talks in Berlin with Trump Envoy and European Leaders
Historical Reflections on Press Freedom Emerge Amid Debate Over Trump’s Media Policies
UK Boosts Protection for Jewish Communities After Sydney Hanukkah Attack
UK Government Declines to Comment After ICC Prosecutor Alleges Britain Threatened to Defund Court Over Israel Arrest Warrant
Apple Shutters All Retail Stores in the United Kingdom Under New National COVID-19 Lockdown
US–UK Technology Partnership Strains as Key Trade Disagreements Emerge
UK Police Confirm No Further Action Over Allegation That Andrew Asked Bodyguard to Investigate Virginia Giuffre
Giuffre Family Expresses Deep Disappointment as UK Police Decline New Inquiry Into Andrew Mountbatten-Windsor Claims
Transatlantic Trade Ambitions Hit a Snag as UK–US Deal Faces Emerging Challenges
Ex-ICC Prosecutor Alleges UK Threatened to Withdraw Funding Over Netanyahu Arrest Warrant Bid
UK Disciplinary Tribunal Clears Carter-Ruck Lawyer of Misconduct in OneCoin Case
‘Pink Ladies’ Emerge as Prominent Face of UK Anti-Immigration Protests
Nigel Farage Says Reform UK Has Become Britain’s Largest Party as Labour Membership Falls Sharply
Google DeepMind and UK Government Launch First Automated AI Lab to Accelerate Scientific Discovery
UK Economy Falters Ahead of Budget as Growth Contracts and Confidence Wanes
Australia Approves Increased Foreign Stake in Strategic Defence Shipbuilder
×