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Second-Party Opinion Download

Project Details

Project

Government of Hungary Annual Review (2025)

Client

Government of Hungary

Project Type

Annual Review

Industry Group

Sovereign

Use of Proceeds

Clean transport; Natural resources/land use management; Pollution prevention and control; Water/waste water management; Climate change adaptation;

Location

Hungary

Evaluation Date

Dec 2025

Evaluation Summary

In this thematic bond Allocation Review letter, Sustainalytics provides a third-party assessment on whether the projects financed by the bond and the issuer’s reporting are aligned with the intended use of proceeds and commitments set out in the bond or loan framework. The final assurance letter can be shared with investors, added to bond or sustainability reports or published on the issuer’s website. 

As a leading provider of Second-Party Opinions for green, social and sustainability bonds issuers and investors entrust Sustainalytics’ Allocation Reviews to provide assurance that:

  • Projects are aligned to the eligibility criteria in the bond framework
  • The allocation processes and reporting are as outlined in the bond framework 
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/gdma_annual-review-2025.pdf?sfvrsn=841a6e7c_1