Green Banking Practices In Türkiye

The environmental issues, which include corporate climate policies, energy use, waste, pollution, natural resource conservation, and treatment of animals have caused an essential shift in the finance sector in recent years. In particular, climate-related risks have resulted in physical and transitional concerns for the financial sector. Due to the adoption of sustainable policies, various green banking efforts have been launched by financial regulators and institutions to mitigate the negative effects of environmental challenges.

Green banking products refer to financial services and investments ranging from individual banking products to complex financial solutions, including green mortgages, credit cards, green investment funds, green insurances together with the green bonds and green loans. These products focus on economic activities that use fewer resources and reduce carbon emissions, promoting an eco-friendlier approach to banking and a transition towards