Carbon Markets & Climate Finance Turkey

Event summary:

The 2nd Carbon Markets & Climate Finance Turkey meeting attracted an audience of nearly 100 professionals from Europe, Africa and Asia to discuss and debate the latest policy developments and business opportunities in the Turkish carbon market and beyond. The meeting brought together Turkish government representatives, international organisations, energy utilities, project hosts and developers, financiers, lawyers and traders. The discussion initially focused on Turkey’s current position in the global carbon market and how it may develop through legislation and the contribution of industry and the private sector.

The spotlight then turned to the means of generating carbon project finance, the motivation and expectations of investors, the market for VERs created in Turkey and the future price of carbon credits. On the subject of pricing predictions and investment opportunities there was much interest and discussion as the audience shared its experiences, concerns and questions with the speaker panel. The meeting was concluded with case studies demonstrating successful methodologies in and beyond the Turkish market. Networking and relationship building was a significant feature of the meeting throughout, with the disparate market players and nationalities finding common ground in the pursuit of a vibrant and successful carbon market.

The Carbon Markets & Climate Finance series now moves on to Johannesburg in January and Sao Paulo in April, examining the status of the global carbon market in light of the outcome from COP 16.

To purchase the conference proceedings from Carbon Markets & Climate Finance Turkey please contact graham.swanson@greenpowerconferences.com.

TIREC Plenary Session Keynote Speakers included:

Moderator: Bahadır Kaleağası, International Coordinator, Turkish Industrialists' and Businessmen's Association (TÜSİAD), Belgium

Dr. Soner Aksoy, Member, Turkish Grand National Assembly (TBMM), Turkey 

Ali Bayramoğlu, Member, Turkish Grand National Assembly (TBMM), Turkey

Mehmet Ali Susam, Member, Turkish Grand National Assembly (TBMM), Turkey

Dr. Hüseyin Aslan, President, The Republic of Turkey Prime Ministry Investment Support and Promotion Agency (ISPAT), Turkey 

Ziya Akkurt, General Manager, AKBANK, Turkey

Michael Davey, Country Director Turkey, European Bank for Reconstruction and Development (EBRD)

H.E.  Ole Egberg Mikkelsen, Danish Ambassador to Turkey, Royal Danish Ministry of Foreign Affairs, Denmark

Dr. Ulrich Zachau, Country Director for Turkey, World Bank, Turkey

Dr. Hacı Duran Gökkaya,
General Manager,
Ministry of Energy Turkish Electricity Trading and Contracting Company (TETAŞ), Turkey

Mustafa Kemal Büyükmıhcı, General manager, Ministry of Energy General Directorate of Electrical Power Resources Survey Development and Administration (EİE), Turkey

Halil Alış,
General Manager,
Ministry of Energy Electricity Generation Co. (EÜAŞ), Turkey

Speakers included:

• Haluk Özdalga, President, Environment Commission, Turkish Grand National Assembly, Turkey
• Fulya Somunkıranoglu, Head of Climate Change Department, Ministry of Environment and Forestry, Turkey
• Enver Guney, General Manager, Unimar Enerji, Turkey
• Orhan Beşkök, Executive Vice President, Project Appraisal and Evaluation, Industrial Development Bank of Turkey, Turkey
• Atilla Gűrbűz, Deputy Director General - Renewable Energy, General Directorate of Electrical Power Resources Survey & Development Administration (EIE), Turkey
• Sibel Sezer Eralp, Regional Director for Turkey and the Black Sea Region, Regional Environmental Center, Hungary
• Cagla Balci Eris, Carbon Development Manager, Demirer Enerji, Turkey
• Zeki Atilla Akalin, Board Member, HESIAD (Hydroelectric Plants Industry Association), Turkey
• Zeki Aybar Eriș, Chief Executive Officer, Polat Enerji, Turkey
• Fahrettin Amir Arman, General Manager, Ayen Enerji, Turkey
• Giles Portman, Deputy Head of Mission, British Embassy, Turkey
• Malkhaz Tskvitishvili, Project Manager, Engurhesi, Georgia
• Erdogan Gogen, Chief Executive Officer, ITC Invest Trading & Consulting, Turkey
• Kemal Cenk Erdem, Chief Trading Officer, ERIH – European Reclimate Investment House

“The Voluntary Carbon Market is growing rapidly in Turkey and capacity building is very crucial for government agencies and private sector, as well. For these main reasons, we give great importance on mentioned issues and also congratulate you for planning to organize this kind of Conference on a regional level.”

- Haluk Özdalga, Chairman of the Environment Committee, Grand National Assembly