With a population of 77 million inhabitants, GDP at USD 800bn (making it the 18th largest economy in the world in 2014) and annual per capita income higher than USD 10,000, Turkey is experiencing remarkable economic and social development. It is an emerging power in the Euro-Mediterranean region, as well as a member of the OECD and “G20” Economic Forum (Presidency in 2015), and a candidate for EU membership. The country is located in a strategic position at the crossroads of Europe, Asia and the Middle East.

In order to meet the challenges posed by employ- ment, energy and the environment, combined with marked regional disparities, Turkey has embarked on a path of more inclusive and low-carbon growth, fully integrating the place of people in society.

The country ratified the Kyoto Protocol in 2009, has adopted a strategy to combat climate change, and renewed its commitment to sustainable development at the United Nations Rio+20 Conference.

The cooperation between France and Turkey is based on a long-standing relationship, close consultation othe major issues of international and regional agendas, and significant levels of trade. A framework agreement on bilateral cooperation for environmental protection was signed in 1996.


Measuring the carbon footprint of projects


In a world constrained by the availability of fossil fuel resources and the increasing level of greenhouse gas emissions, countries are getting a higher level of awareness and, in the context of international negotiations, committing to emission limitation targets.

All sectors of the economy have a role to play in tackling climate change. However, the financial sector and banks in particular are key actors as they can catalyse green investments.

In this context, measuring the carbon footprint of investment projects can provide useful insights to better understand and evaluate the risks and opportunities associated with them.

Since 2007, the French Development Agency (AFD) has developed and has been using, for all its operations, a simple and flexible tool: the Carbon Footprint, which assists project managers in making an assessment of the emissions and emission reductions of projects, at an early stage in the evaluation process.

AFD is now eager to share the tool and its experience with its partners and is willing to support Turkish banks, its main partners in Turkey, in assessing their efforts towards climate-friendly investments by measuring the carbon footprint of the financed investments.

AFD is strengthening its partnership with the Union of Municipalities of Marmara


At the request of the agency in Istanbul, CEFEB for the second consecutive year , hosted a seminar for the Union of Municipalities of Marmara ( UMM) April 14 to 16 in Istanbul .

This seminar propose , through the use of project process , to support municipalities in the definition of a strategic vision for their area , to identify resulting projects and use the logical framework to better structure them to facilitate their interaction with potential funders .

Working on a case study adapted to Turkish context , the 19 participants , executives of Turkish municipalities , have developed their responsibilities local management and expertise in the design of a development project consistent and sustainable .

The proposed approach has attracted many participants agreed that given the rapid urbanization of Turkish cities and need to start investing to meet the most pressing needs , municipalities struggled to develop real territorial development strategies .

These three days of training have been complemented by a training of trainers , with executives of the UMM to provide a local platform , which would take over project management of these seminars for dissemination to other municipalities in Turkey.

Marketplace on Innovative Financial Solutions for Development


The Agence Française de Développement (AFD), The Bill & Melinda Gates Foundation and the World Bank co-hosted a Marketplace on Innovative Financial Solutions for Development held in Paris on March 4-5, 2010.


The Marketplace seeks to garner and highlight fresh ideas on financial solutions for development. It is dedicated to innovative financial mechanisms for better mobilizing, channeling, and using funds.

The Marketplace bought together an internationally diverse set of hundreds of development practitioners, donors, philanthropists, social entrepreneurs, academics, representatives from a range of financial institutions, civil society, and policy makers.


The key objectives of the Marketplace are to:
  • advance the agenda on innovative financial solutions for development;
  • facilitate knowledge-sharing and learning, including South/South learning, about which approaches work, which don’t, and how to design solutions to maximize impact and cost-effectiveness; and
  • spur the evolution of cutting-edge projects that apply innovative financial mechanisms to development challenges.  

Grant Competition

A key feature of the event is a grant competition to garner and highlight fresh ideas on how innovative financing mechanisms can be used to better solve development challenges at local, country, regional, or global levels, with the goal that successful innovations can be scaled up and replicated broadly.  5 grants of US$100,000 each have been awarded. For more information see the Competition guidelines.


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