VakıfBank is preparing to sign new financing agreements worth approximately 1.7 billion dollars by participating in COP31 to be held in Antalya as the main partner.
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VakıfBank announced that it will participate in the 31st UN Climate Change Conference of the Parties to be held in Antalya as the main partner.
VakıfBank will participate in the 31st United Nations Climate Change Conference of the Parties (COP31) to be held in Antalya between 9-20 November, as the main partner, with a comprehensive program. Preparing to develop international financing collaborations in line with its Development-Oriented Value Banking approach, the bank will bring together the business world, financial institutions, experts and civil society representatives in the events it will organize throughout the conference.
NEW AGREEMENTS WITH INTERNATIONAL FINANCIAL INSTITUTIONS
VakıfBank is preparing to sign new agreements with different international financial institutions within the scope of COP31, reaching a financing size of approximately 1.7 billion dollars.
These agreements aim to support renewable energy and energy efficiency investments, as well as green transformation processes of SMEs, women's entrepreneurship and the reconstruction of the earthquake zone.
These collaborations aim to improve the Bank's activities in the field of sustainable finance and contribute to Turkey's transition to a low-carbon, inclusive and resilient economy. It is expected that the high-level contacts to be held within the scope of COP31 will lay the groundwork for new financing opportunities and long-term strategic collaborations.
FINANCING OF GREEN TRANSFORMATION WILL BE ADDRESSED THROUGH DIFFERENT SECTORS
In the panels that VakıfBank will organize during the conference, business models resistant to climate risks, sustainable agriculture, energy efficiency, low-carbon transportation and energy transformation of industry will be evaluated. The impact of carbon costs on competition, the contribution of development finance to the real sector and SMEs' access to sustainable finance will also be among the prominent topics of the program.
Employment of women and youth, competencies required by green transformation and women's entrepreneurship will be discussed in separate sessions. The role of artificial intelligence and digital transformation in the climate field, water risks, marine protection and financing of resilient cities will also be discussed with the contributions of experts and sector representatives.
"TEAMING FOR THE FUTURE" WITH GIOVANNI GUIDETTI AND ZEHRA GÜNEŞ
VakıfBank will bring the unifying power of sports to the sustainability agenda at COP31. VakıfBank Volleyball Team Head Coach Giovanni Guidetti and Team Captain Zehra Güneş will take part in the session titled "The Nature of Sports: Being a Team for the Future" to be held on November 13.
WIDE PARTICIPATION WITH AWARENESS ACTIVITIES
Within the scope of the program, which will complement the panels and meetings with different experiences, a "Seed Library" will be created in the field of VakıfBank Cultural Publications. VakıfBank Kindness Ambassadors, environmental representatives and their families will come together at the "Zero Waste Beach Morning" event. The themes of the day will be evaluated in the Sunset Talks to be held throughout the conference.
While developing collaborations for the financing of sustainable development with the COP31 program, VakıfBank aims to strengthen the dialogue for a common future in different areas ranging from production to employment, sports to culture.
AI outlook — possibilities, not facts
Financing agreements worth approximately $1.7 billion will be signed at the COP31 conference
Very likely · Within days
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