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VakıfBank CEO Osman Arslan explains Türkiye’s climate finance role in New York
VakıfBank CEO Osman Arslan discussed the financial sector’s role in Türkiye’s renewable energy transition at a meeting held at the Harvard Club on September 24, 2026, as part of New York Climate Week. The meeting focused on turning climate commitments into investable projects, mobilizing private capital and strengthening public-private cooperation.
The role of the financial sector in Türkiye’s renewable energy transition was discussed at a meeting held at the Harvard Club on September 24, 2026, as part of New York Climate Week. The meeting, attended by VakıfBank CEO Osman Arslan, brought together representatives of the international public and business communities.
At the gathering moderated by Dr. Jean Baderschneider, participants discussed turning climate commitments into investable projects rather than limiting them to political targets. Scaling up sustainable investments, mobilizing private capital and strengthening cooperation between the public and private sectors were among the topics addressed.
Osman Arslan said banks should not be viewed solely as institutions that provide loans. Arslan stated that the financial sector is a strategic actor that connects capital with the right projects and supports the growth of sustainable investments. Under this approach, providing funding for renewable energy projects is important, as are project selection and directing capital toward appropriate areas.
The Zero Waste Foundation highlighted the importance of policy predictability, risk sharing, adequate project preparation and strong implementation plans in financing Türkiye’s renewable energy transition. The meeting emphasized that these elements are decisive in turning climate commitments into viable investment projects and investment decisions.
Arslan’s activities during the New York Climate Week program were not limited to the September 24 meeting. At the opening program on September 22, 2026, he met with Emine Erdoğan to discuss sustainable finance, the green transition and VakıfBank’s future goals. On September 23, 2026, Arslan also assessed the role of banks in financing green investments at the Sustainable Investment Forum.
On September 25, 2026, a VakıfBank delegation led by Arslan discussed financing and international capital markets with executives from JPMorgan, Bank of America, Citi and Apollo Global Management. Thus, the climate finance agenda at New York Climate Week was addressed not only in meetings but also through contacts with international banks and fund managers. In discussions ahead of COP31, the focus was on turning climate targets into measurable and financeable projects.
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