Brussels, 6 December 2021
The European Commission published the ESIF Financial Instruments annual summaries for 2020. By the end of 2020, indicative ERDF and Cohesion Fund allocation for Financial Instruments (FIs) in the submitted programmes was EUR 22.4 billion or about 9% of the total ERDF and Cohesion Fund envelope for the 2014-2020 period. Looking at the different uptake of FIs among Member States in the 2014-2020 programming period, this cannot be explained solely by differences in the fields of intervention, the level of development or the size of allocations, as similar Member States have very different shares of FIs. Lessons learned from the Member States allocating more of their resources to FIs should be used to explore the potential for increased use of FIs in the 2021-2027 programming period. Psummary_data_fi_1420_2020.pdfTF
Brussels, 24 November 2021
Through the European Green Deal process, which began in December 2019, a great change was seen when it came to the EU Green Deal and with regards to the Circular Economy, especially within the industrial sectors. The Border Carbon Regulation, which will come into effect in the coming period, is important for the Turkish industries and for Turkey's export strategy. In this context, it comes to the fore that significant investments may be required for the European Green Deal and Circular Economy. Where Turkey is considered, it is of great importance to involve the private sector in adaptation investments, which cannot gain importance only by transferring public resources.
Having adopted sustainability and inclusion as its core business model, TSKB initially released its “European Green Deal and Circular Economy Theme Study” as part of its mission to implement Turkey's industrial transition with our stakeholders. While the economic and social effects of the risks stemming from climate change are starting to be seen clearly, the regulations taken towards decarbonization have come to the fore. Within this axis, which can be seen in this report, TSKB aims to examine the effects of the EU Green Consensus and the circular economy concept in Turkey. PTSKB-European_Green_Deal_and_Circular_Economy_Theme_Study.pdfDF
Brussels, 23 November 2021
The European Think Tanks Group (ETTG) published a study on Financing the 2030 Agenda: An SDG alignment framework for Public Development Banks. This study aims both to propose a definition of Sustainable Development Goals (SDGs) alignment and to provide concrete principles for public development banks (PDBs) to further operationalise and promote such alignment in practice. As such, it supplies a much deeper comprehension of the 2030 Agenda, arguing that alignment with the Paris Agreement and the SDGs must go hand in hand.PETTG-study-Financing-the-2030-Agenda-An-SDG-alignment-framework-for-Public-Development-Banks.pdfDF
There is also a second report which builds on the inaugural New Structural Economics Development Financing Research Report entitled “Mapping Development Finance Institutions Worldwide: Definitions, Rationales, and Varieties”, carried out by the Institute of New Structural Economics (INSE) at the Peking University in China. The objective of the present report is to refine the qualification criteria of PDBs and development financing institutions (DFIs) and propose potential typologies to reveal their vast diversities. PNSE_development_finance_research_report_no.2_Mapping500DBs_002.pdfDF