The Paris deal, which replaces the Kyoto agreement, signals the start of a trend that will redraw global economic policy positions and roles, she said. As part of the deal, developing countries will get 100 million dollars of support and technology transfers in order to meet targets after 2020.

Developed countries have agreed to provide the financing, she noted. By 2020 and 2030, Hungary will be able to transfer technology and knowhow to developing countries, thereby boosting its economic clout, Makai argued.

Hungary was the first country in central Europe to sign a bilateral agreement with the South Korean based Global Green Growth Institute - GGGI, she noted.

This gives Hungary direct access to project proposals received from developing countries as well as information on how resources are distributed, she added.

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MTI photo: Koszticsák Szilárd