26.02.2013 Views

Dóra Fazekas Carbon Market Implications for new EU - UniCredit ...

Dóra Fazekas Carbon Market Implications for new EU - UniCredit ...

Dóra Fazekas Carbon Market Implications for new EU - UniCredit ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

National Climate Change Strategy<br />

Since its accession to the European Union in 2004, Hungary has consolidated its environmental<br />

protection regulations, has been an active participant in international negotiations and has adopted<br />

<strong>EU</strong> laws. Climate change, however, is an area where Hungary has only recently begun to integrate<br />

its relevant policies (OECD, 2008). In February 2008, the Hungarian Parliament adopted the<br />

country’s National Climate Change Strategy, covering the period between 2008 and 2025 and<br />

helping the country fulfill its Kyoto obligations. The elements of the National Climate Change<br />

Strategy will be realized through National Climate Change Programs, laid down on a biannual<br />

basis. The realization of the Strategy will be financed through the sale of carbon allowances and<br />

from the GOH’s environmental protection and energy program funds. The National Climate Change<br />

Strategy is also in harmony with the National Sustainable Development Strategy adopted by the<br />

GOH (Government Decree no. 1054/2007, VII 9). The National Climate Change Strategy spells out<br />

actions, in accordance with <strong>EU</strong> and international requirements, and defines the following major<br />

goals <strong>for</strong> Hungary’s climate policies in the medium term:<br />

(1) Reducing the emission of gases responsible <strong>for</strong> climate change by reducing overall energy<br />

usage; this is to be achieved by shifting the structure of production and consumption toward a<br />

lower demand <strong>for</strong> material and energy use.<br />

(2) Protecting against the unfavorable ecological and social-economic effects of unavoidable<br />

climate change, improving adaptability to the effects of climate change, and raising social<br />

awareness and consciousness of climate change.<br />

(3) The National Climate Change Strategy is a framework, which covers all industries and all of<br />

society; its strategic goals and tasks are to be integrated in the activities of every sector.<br />

76

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!