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Turkey Takes Action to Get a 1% Share of the $1 Trillion Impact Investing Market – Etkiyap

Turkey Takes Action to Get a 1% Share of the $1 Trillion Impact Investing Market

Category: Announcements, Events Date: 3 August 2021
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As reported by the Akşam Newspaper, according to the report of the International Finance Corporation (IFC), $26 trillion of capital will be directed to impact investments in the near future.

The Impact Investment Advisory Board (EYDK) was established last April to make Turkey an important center for impact investments. EYDK, of which we are a founding board member, founding sponsor and board member of, consists of representatives of 30 important institutions operating in the public and private sectors. EYDK aims to make impact investment a mainstream investment model in Turkey and to enable Turkey to sign international collaborations, models and projects in this field.

Şafak Müderrisgil, Chairman of the Executive Board of Etkiyap and EYDK, pointed out that Turkey, where 550 startups are established annually, has a significant potential in the field of impact investing, said, “There are 9 thousand social entrepreneurs in our country. They are very likely to turn into impact investments. International financial institutions, foundations, development banks and EU funds give priority to impact investments in financing. Currently, many institutions in Turkey are preparing to establish an impact investment fund. If Turkey can attract 1% of the potential from the global impact investment market with all these efforts, this will be an important start for our country.”