Turkey enters into the impact investment league

30 leading institutions that came together to bring Turkey to the world stage in the field of impact investment established the Impact Investment Advisory Board (EYDK). While bringing together the important players of the public and private sectors, EYDK has grown with the support of its non-profit stakeholders; it benefits from Turkey’s entrepreneurial spirit, geopolitical, social and economic power. EYDK President Şafak Müderrisgil said that: “We will act as a platform that ensures the implementation of the necessary regulations for impact investments, the formation of a transparent and inclusive ecosystem and the acquisition of awareness and competence.”

With the Sustainable Development Goals declared by the United Nations in 2015, a paradigm shift took place in the investment world and the impact investment model began to spread. The impact investment model aims to generate financial returns with investments made and to create a measurable, positive social and/or environmental impact. Thus, with impact investments, both profits are made and a positive impact is created on a social and/or environmental issue strategically preferred by the investor, provided that it is measured from the moment the investment starts.

Members of Impact Investment Advisory Board are Presidential Investment Office, Presidential Strategy and Budget Department, Ministry of Foreign Affairs, Ministry of Treasury and Finance, Ministry of Industry and Technology, TOBB, TÜBİTAK, Informatics Valley, Development and Investment Bank of Turkey, Turkish Capital Markets Association, International Investors Association, Participation Banks Association of Turkey, Limak Group of Companies, Kale Group, Kızılay Portfolio, Garanti BBVA, TSKB, İş Girişim, Yapı Kredi Investment, Ak Portfolio, Türkven, idacapital, Bahçeşehir University, TED University, 500 Startups, Impact Hub Istanbul and Etkiyap . EYDK Advisory Committee consists of UNDP Turkey, UNDP IICPSD and EBRD Turkey.