{"id":191182,"date":"2025-12-18T12:31:11","date_gmt":"2025-12-18T12:31:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/191182\/"},"modified":"2025-12-18T12:31:11","modified_gmt":"2025-12-18T12:31:11","slug":"ebrd-backs-triple-impact-sustainability-bond-issuance-by-qnb-turkiye","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/191182\/","title":{"rendered":"EBRD backs \u201ctriple-impact\u201d sustainability bond issuance by QNB T\u00fcrkiye"},"content":{"rendered":"<p>EBRD to invest in QNB T\u00fcrkiye\u2019s sustainability bond Proceeds to have \u201ctriple impact\u201d \u2013 for climate, women and youthQNB T\u00fcrkiye to become first private Turkish bank to commit to a climate transition plan as part of an EBRD investment <\/p>\n<p>The European Bank for Reconstruction and Development (EBRD) has participated in a sustainable bond issuance by <a href=\"https:\/\/www.ebrd.com\/home\/what-we-do\/where-we-invest\/turkiye.html\" rel=\"nofollow noopener\" target=\"_blank\">T\u00fcrkiye<\/a>\u2019s QNB T\u00fcrkiye, with an investment of US$ 100 million. <\/p>\n<p>The total size of the issuance is expected to be up to US$ 120 million and will be made under QNB T\u00fcrkiye\u2019s Sustainable Finance and Product Framework, covering the issuance of green, social and sustainability-focused bonds. <\/p>\n<p>The issuance also aligns with the <a href=\"https:\/\/www.icmagroup.org\/\" rel=\"nofollow noopener\" target=\"_blank\">International Capital Market Association\u2019<\/a>s (ICMA) Green Bond Principles and Social Bond Principles. <\/p>\n<p>The investment aims to expand green investment opportunities in the private sector, allocating 65 per cent of the financing to supporting investments in renewable energy, energy efficiency, green buildings and other qualifying initiatives. <\/p>\n<p>The use of the proceeds will also enhance inclusivity by using the remaining 35 per cent to support youth- and women-led business in T\u00fcrkiye, rendering the partnership capable of tripling\u201d its impact. <\/p>\n<p>Women-led businesses in the country still suffer from structural constraints, such as limited credit histories, challenging collateral requirements, and gender bias. Youth-led business also struggle with financing shortages, limited experience and weak market linkages. <\/p>\n<p>In addition, as part of the investment, QNB T\u00fcrkiye will become the first private bank in the country to develop and implement a climate transition plan as part of an EBRD transaction, striving to integrate climate-risk practices into investment decisions. By embedding transition planning, this transaction sets a benchmark for other Turkish banks and contributes to accelerating the country\u2019s financial sector towards the Paris Agreement goals.<\/p>\n<p>Oksana Yavorskaya, EBRD Deputy Head of T\u00fcrkiye, said: \u201cWe are delighted to support QNB T\u00fcrkiye\u2019s sustainable journey through this landmark \u201ctriple-impact\u201d investment, which not only advances the climate agenda but also promotes inclusivity and empowerment within the Turkish economy. We also commend QNB\u2019s leadership in developing a climate transition Plan \u2013 an important step toward shaping a resilient and inclusive future.\u201d <\/p>\n<p>\u00d6m\u00fcr Tan, CEO of QNB T\u00fcrkiye, said: \u201cOur collaboration with the EBRD is a significant step in aligning the transformative power of finance with the actual needs of the economy. Through this triple-impact sustainability bond, we advance green investments while empowering women-led and youth-led enterprises, supporting a more inclusive and resilient economic landscape. We see finance as a key lever for sustainable transformation, and with our climate transition plan &#8211; the first among T\u00fcrkiye\u2019s private banks under an EBRD transaction &#8211; we reaffirm our commitment to aligning our portfolio with the Paris Agreement and accelerating the country\u2019s sustainable development.\u201d<\/p>\n<p>The EBRD is one of T\u00fcrkiye\u2019s key investors, committing more than \u20ac23 billion to over 500 projects since 2009, largely in the private sector.<\/p>\n","protected":false},"excerpt":{"rendered":"EBRD to invest in QNB T\u00fcrkiye\u2019s sustainability bond Proceeds to have \u201ctriple impact\u201d \u2013 for climate, women and&hellip;\n","protected":false},"author":2,"featured_media":191183,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,268,85,46,3594,14661],"class_list":["post-191182","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-finance","tag-il","tag-israel","tag-sustainability","tag-turkiye"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/191182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=191182"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/191182\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/191183"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=191182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=191182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=191182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}