Watch COP 27: Sustainable finance in Türkiye: Successful cases, challenges and opportunities

Time: 15:15-16:30 Egypt time/ 13:15-14:30 GMT

Türkiye took a number of key climate action steps in 2021 and 2022, showing the Government’s ambition to catch up with the paradigm shift in the post Paris Agreement world. These changes are important first measure to rise to the challenge towards a low carbon and climate resilient Turkish economy and a many efforts are now in implementation stage to translate these high level commitments into real action.

Türkiye set 2053 net-zero emissions target, updating Nationally Determined Contribution (“NDC”), and adopted National Green Deal Action Plan to comply with the EU Green Deal and mitigate adverse impacts of the impending Carbon Border Adjustment Mechanism (“CBAM”).

The panel will discuss the enabling role of sustainable finance to achieve Türkiye’s national targets and decarbonisation of energy intensive industries, key risks and opportunities for private and financial sector, challenges to access finance, technology drivers, learnt lessons on successful examples.

Moderator:
Maya Hennerkes, Director, Green Financial Systems, EBRD

Speakers:
Harry Boyd-Carpenter, Managing Director, Climate Strategy and Delivery, EBRD
Kıvanç Zaimler, President, Sabancı Holding Energy Group
Hamdi Hakan Bulgurlu, CEO, Arçelik Global
Ebru Özdemir Kışlalı, Chairman, Limak Holding (virtual)
Abdullah Buğrahan Karaveli, Head of Energy Efficiency and Environment Department, Ministry of Energy and Natural Resources