Trends and Dilemmas in Green Financial Capacity Development

Abstract

At the global level, including in Hungary, green finance capacity building is key to ensuring that green efforts can contribute their full potential to achieving a sustainable economy. In this article, we review the current challenges of green finance from the perspective of the scarcity of expert capacity, and then look at the present international good practices in capacity development and the related activities of the Magyar Nemzeti Bank. We conclude with a summary of future outlooks for green financial capacity building in relation to the key players.