Representatives of International Development Banks Get Together for “Climate” at the Event Hosted by TSKB

16 May 2022
- 2 min Read

Continuing to play a leading role in the development of sustainable banking in Turkey, TSKB (Industrial Development Bank of Turkey) hosted the representatives of the world’s leading development banks in İstanbul. The meeting on climate strategy and risks, organized on 9-13 May in cooperation with the International Development Finance Club (IDFC) brought together the green-collar representatives of development banks from different countries.

The meeting themed “Climate Strategy and Physical Climate Risk Assesment” of IDFC, which has 27 members, including TSKB, and aims to support strategic cooperation between national, international and regional development finance institutions for sustainable development banking, was hosted by TSKB in İstanbul. Representing the largest development and climate finance institutions globally, IDFC works with all its members to implement the Sustainable Development Goals (SDGs) and Paris Climate Agreement agendas.

Attended by representatives from prestigious development banks such as AFD, BOAD, BNDES, DBSA, ICD, PTSMI, TDB and AFC, the event tackled all aspects of climate strategies and risk management in workshops run under the guidance of a consultant firm. At the meeting, which was organized with the aim of increasing the contribution of development banking in the field of climate, TSKB and ESCARUS, the bank’s subsidiary providing services in the field of sustainability consultancy, made presentations.

“We will continue to bring innovations in the field of green development finance in the world to our country”

Stating that they are very happy to host world-class development banks in an event on “climate”, TSKB CEO Murat Bilgiç said, “We care about furthering our deep-rooted collaborations that we have been establishing with international development finance institutions for many years in the field of sustainable finance cooperation. We find it very valuable to create a culture of common experience in the field of sustainability in cooperation with IDFC, which is an important umbrella institution for development banks and where we develop joint projects on climate, SDGs and gender equality. As TSKB, we are also happy to host this meeting, which is the first face-to-face event of IDFC after the start of the pandemic. As we continue to strengthen and develop our cooperation with our valuable stakeholders within IDFC, of which we are among the founders and on the Steering Committee, we will continue to bring the world’s green development finance trends and innovations to our country.”