The Development and Investment Bank of Türkiye (DIBT), a well-established bank for 50 years, operates in three main business lines: development banking, investment banking and fund activities. The Bank has provided over USD 5.3 billion in financing from international funds through investments in areas such as industry, renewable energy, energy and resource efficiency, circular economy, education, health, wholesale banking, urban infrastructure and tourism.
DIBT offers financial solutions to companies in the manufacturing industry for their needs related to new investments as well as capacity expansion and modernization investments. It plays an important role in supporting circular economy initiatives and prioritizing water efficiency and resource efficiency. In this direction, DIBT has prepared a report titled 'Circular Economy Financing: Investment Examples from Türkiye', prepared by DIPT, was published in Asian Development Bank Institute's (ADBI) book 'Prospects for Transition from Linear to Circular Economy in Developing Asia'.
The Development and Investment Bank of Türkiye cooperates with international institutions and organizations that support the development of key industries in the economy in every field that Türkiye needs.
Within the scope of DIBT's agreements with international organizations;
· USD 200 million “Green 4” themed loan agreement from the Japan Bank for International Cooperation to support renewable energy and energy efficiency projects,
· 200 Million USD agreement signed with the Islamic Development Bank Group to support disaster areas and improve the agri-food sector,
· The Climate Finance Loan and Grant agreement signed between the German Development Bank (KfW) and the Turkish Ministry of Treasury and Finance to support investments in renewable energy, energy storage solutions, energy efficiency and e-mobility within the scope of combating climate change, totaling EUR 110 million,
· A $50 million agreement signed between the OPEC Fund for International Development (OFID) and the Turkish Ministry of Treasury and Finance to finance the investment and working capital needs of enterprises operating in the agriculture and food production sectors in Türkiye,
· A $417 million loan agreement signed with the International Bank for Reconstruction and Development (IBRD) under the guarantee of the Republic of Türkiye Ministry of Treasury and Finance to support carbon emission reduction projects of the industrial sector in Türkiye,
It is of great importance in terms of supporting the circular economy and high value-added projects to be realized.
As of year-end 2023, loans extended in connection with the United Nations Sustainable Development Goals accounted for 87 percent of the Bank's total portfolio. As a result, the Bank directly and indirectly contributes to 15 of the 17 Sustainable Development Goals. As of year-end 2023, the projects financed contributed to the prevention of greenhouse gas emissions equivalent to approximately 4.6 million tons of carbon dioxide.
In line with the Paris Climate Agreement targets, the Bank has committed to align its greenhouse gas emissions with the net zero emission target by 2050 and to become a net zero emission Bank by 2050 at the latest.
