Business Finland together with the Embassy of Finland in Turkey invites you to join this webinar "Insights from Circular Economy Regional Initiative of European Bank for Reconstruction and Development (EBRD)" on Wednesday 15 December, 2021 at 09:30–11:00 (Helsinki) / 10:30 –12:00 (İstanbul).
The aim of this webinar is to provide information and insights to Finnish companies about of EBRD's first circular-economy program that was launched on 5 October, 2021.
The Circular Economy Regional Initiative of EBRD is touching on the challenges transitioning towards a circular economy in Turkey and the Western Balkans and will be the first of its kind in the target countries with a result-based financing mechanism and a clear link to a circular economy action plan.
The Circular Economy Regional Initiative will support investments in the private sector, particularly small and medium-sized businesses, to implement innovative and resource efficient technologies and adopt circular business models in Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, Serbia and Turkey. The new program aims to improve chemical and waste management and the security of the supply of raw materials as well as increase competitiveness, promote innovation and boost economic growth.
The EBRD will provide $140m (€120.7m) and the Global Environment Facility (GEF) $13.76m (€11.86m) of the funding for the program.
Mr. Pekka Voutilainen, Ambassador for Trade and Development, Ministry of Foreign Affairs, Finland
Mr. Ari Mäki, Ambassador of Finland to Turkey
Ms. Outi Suomi, Head of Bio& Circular Economy Program, Business Finland
Ms. Ela Yılmaz Akdeniz, Principal, Green Economy & Climate Action, EBRD Turkey
Ms. Selen İnal, Business Development Manager, TurSeff I Turkey Sustainable Energy Financing Facility
Ms. Konca Kalçıvik, Managing Director, Business Council for Sustainable Development
Ms. Kirsi Maarit Poljatschenko, Senior Director, Region Europe Central, Business Finland
There will be a separate matchmaking event organized in Q1/2022, where Finnish companies will present their offerings based on the demands of the initiative to the potential beneficiaries of the funds.