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VakıfBank CEO Osman Arslan outlines climate finance in New York
VakıfBank CEO Osman Arslan discussed the role of the financial sector 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 addressed turning climate commitments into investable projects, mobilizing private capital and strengthening public-private cooperation.
VakıfBank CEO Osman Arslan attended a climate finance-focused meeting held at the Harvard Club on September 24, 2026, as part of New York Climate Week. The gathering brought together representatives from the international public and business communities and addressed accelerating Türkiye’s renewable energy transition and turning climate targets into financeable investments.
Moderated by Dr. Jean Baderschneider, the meeting addressed the need to move climate commitments beyond political targets and translate them into concrete action through investable projects. Scaling up sustainable investments, mobilizing private capital and strengthening cooperation between the public and private sectors were at the center of the gathering.
Osman Arslan said banks should not be viewed solely as institutions that provide loans. In Arslan’s view, the financial sector is a strategic actor that connects capital with the right projects and contributes to scaling up sustainable investments. This approach highlights not only financing for renewable energy investments but also project selection and directing capital toward the right areas.
The meeting examined the link between the financing required for Türkiye’s renewable energy transition and converting climate targets into viable investment projects. The Zero Waste Foundation said policy predictability, risk sharing, adequate project preparation and strong implementation plans were important for this transition. These elements were emphasized as decisive in turning climate commitments into investment decisions.
Arslan’s engagements during New York Climate Week continued before the Harvard Club meeting. At the opening program on September 22, he met with Emine Erdoğan to discuss sustainable finance, the green transition and VakıfBank’s future goals. At the Sustainable Investment Forum held on September 23, he also assessed the role of banks in financing green investments.
On September 25, a VakıfBank delegation led by Arslan held talks with executives from JPMorgan, Bank of America, Citi and Apollo Global Management on financing and international capital markets. These meetings showed that the climate finance agenda addressed during New York Climate Week extended beyond panels and meetings to engagements with international banks and fund managers. In discussions ahead of COP31, turning climate targets into measurable and financeable projects emerged as one of the prominent issues.
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