DESCRIPTION
13.1. Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries
13.2. Integrate climate change measures into national policies, strategies and planning
13.3. Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning
13.a. Implement the commitment undertaken by developed-country parties to the United Nations Framework Convention on Climate Change to a goal of mobilizing jointly $100 billion annually by 2020 from all sources to address the needs of developing countries in the context of meaningful mitigation actions and transparency on implementation and fully operationalize the Green Climate Fund through its capitalization as soon as possible
GARANTİ BBVA
ACTION
• Türkiye's Life: Fire Management Grant Program
• Blue Breath Project
• Garanti BBVA 2025 Pledge
• Environmental and Social Loan Policies
• PACTA Methodology
• Coal Phase-out Policy
• Climate Change Action Plan
• EU Pillar-III reporting
• Garanti BBVA Eco-efficiency Plan
• ISO 14001 Environmental Management System
• ecording partnership
STATUS
In collaboration with WWF-Türkiye, we initiated the "Türkiye's Life: Fire Management Grant Program" in June 2022. (PDF Page 155)
Under the Blue Breath Project, more than 1,500 teachers and over 30,000 students were reached in 146 schools in Kocaeli, Bursa, İstanbul, Çanakkale and Tekirdağ since September 2021. (PDF Page 156)
Under our partnership with ecording, we are shooting seed balls primarily to hard-to-reach areas for various ecological causes facilitated by Garanti BBVA mobile (PDF Page 139)
Total contribution to Sustainable Development: TL 88 billion (PDF Page 146)
Target of providing cumulative TL 150 billion sustainable financing between 2018-2025. (PDF Page 153)
Green transformation and capacity growth support to commercial and SME customers with the Sustainability Themed Loan Package (PDF Page 154)
Guiding targets employing the PACTA methodology in the transition process for carbon-intensive sectors (PDF Page 146)
Alignment with the EU Pillar-III reporting and analyses of the Bank portfolio's exposure to physical risks of climate change and natural disasters (PDF Page 147)
10 sponsorships and 3 events organized focusing on the fight against Climate Crisis and regulatory compliance
Pledge to not finance new investments in coalfired power plants and coal mines and to zero the coal exposure of its portfolio by 2040 at the latest (PDF Page 146)
Pledge to allocate a minimum of 60% of the total funds allocated to greenfield energy generation facilities to renewable investments under its Climate Change Action Plan (PDF Page 146)
Under ESLP, customers are assigned emissions reduction targets for combating climate change, and are encouraged to employ feasible alternative technologies. (PDF Page 148)
Since the introduction of the ISO 14001 Environmental Management System in 2012, the Bank’s carbon intensity decreased by 97% (PDF Page 152)
Garanti BBVA Eco-efficiency Plan: Target to fulfill at least 80% of the annual energy consumption from renewables and to reduce GHG emissions each year between 2021-2025 (PDF Page 152)
RELATED MATERIAL
ISSUES
CLIMATE CHANGE