MidSEFF III

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The European Bank for Reconstruction and Development (EBRD) launched the Medium-Scale Sustainable Energy Financing Program (MidSEFF) in 2011 to finance medium-scale sustainable energy investments (renewable energy (RE), waste energy (WtE)). In the same year, with the co-financing of the EBRD and the European Investment Bank, the program was expanded as MidSEFF Phase II and the total funds provided were brought to 1 billion Euros. After the allocation of funds under MidSEFF Phases I and II, MidSEFF III has been prepared. MidSEFF III has committed € 500 million to investments in renewable energy and resource efficiency. The aim of the program is to fill the financing gaps required for renewable energy and resource efficiency investments in Turkey, to improve the skills of banks in the technical evaluation of suitable technologies, and to increase the banks’ compliance with the EU’s environmental and social standards in the evaluation of medium-sized renewable energy and resource efficiency investments.

The aim of the project is to support the implementation of the program. Within the scope of the project, ensuring the compliance of sub-projects with EU environmental and social standards, transferring skills to local experts and participating financial institutions, ensuring the reproduction of sub-projects that implement EU environmental and social and health and safety standards, supporting participatory financial institutions to develop and monitor renewable energy and resource efficiency projects. targeted.

The project was carried out in 2016 as a consortium of MWH, GTE and Frankfurt School of Finance & Management GmbH (FsF). In the project, GTE carried out activities such as developing the carbon potential of sub-projects, providing support for carbon footprint analysis for industrial customers, Monitoring, Reporting and Verification (MRV), and providing carbon-related trainings to stakeholders and participating financial institutions.

Bursa Metropolitan Municipality Light Rail System Carbon Certification

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The Light Rail System Carbon Certification project carried out by Bursa Metropolitan Municipality was financed by the European Bank for Reconstruction and Development (EBRD), and its consultancy was carried out by GTE as a local partner.

The registration of the project was completed by the Verified Carbon Standard in December 2013, and the greenhouse gas reductions achieved in the first monitoring period between July 2015 and June 2016 were also verified by independent organizations. Within the scope of the work completed in January 2017, the greenhouse gas reduction achieved during this period was calculated and certified as 7,092 tons of carbon dioxide equivalent. The project in question is the first voluntary carbon project carried out by a municipality in Turkey, and it is also the first project in Turkey to receive an emission reduction certificate in the field of transportation, and one of the few projects in the world.

Soma Urban Heating System

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The Soma Urban Heating System project, which GTE advises on emission reduction certification, has become the first in Turkey and one of the few projects in the world to receive the Gold Standard emission reduction certificate among district heating projects. The project was initiated by EÜAŞ and Soma Municipality in 2011, then Manisa Metropolitan Municipality and Soma Thermal Santral Elektrik Üretim A.Ş., which took over the power plant after privatization. was continued by Within the scope of the project, the heat obtained from the thermal power plant was used in urban heating, contributing to the improvement of the air quality in the region as well as reducing greenhouse gasses.

The system, which was used in 954 residential-equivalent (KE) buildings between January 2014 and May 2015, reduced approximately 60 thousand tons of carbon dioxide equivalent in its first year. Within the scope of the project, approximately 8 thousand subscribers were reached in 2018 and it is aimed to reach 22.000 KE buildings in total with new investments. It is foreseen that the annual greenhouse gas reduction to be achieved when the project reaches full capacity will be over 1 million tons.

Yasar Holding Carbon Footprint Reporting and Reduction Project

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Within the scope of sustainability targets, water footprint & water efficiency for Yasar Holding’s prominent brands Pınar milk, Pınar meat, Pınar Su, Viking Kağıt, Dyo Boya, Dyo Printing Inks, Altın Yunus, Çamlı Yem Besicilik, Yasar Birleşik Pazarlama and Desa Energy, conducted water risks assessment, carbon footprint reporting and reduction studies.

Yasar Group companies, whose corporate carbon footprint was calculated by GTE and ERM in 2012, set the target of reducing their emissions per unit production by 15% in 2020, and with this target, Yasar Group became the first domestic company to receive an emission reduction commitment. In the study carried out, the carbon footprints of the companies and the hot carbon spots that cause the most carbon emissions were determined. Emission reduction measures have been put forward within the carbon reduction roadmap for each company.

Mugla Urban Water Footprint

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The “Water Footprint and Clean Water Action Plan” project carried out by Mugla Metropolitan Municipality within the scope of the South Aegean Development Agency Direct Activity Support was completed in 2015. In the project supervised by GTE, the urban water footprint of Mugla Province and the institutional water footprint of Mugla Municipality were studied. With the project, which was realized for the first time based on local government and public institutions in Turkey, a water status report was prepared based on water supply and demand, primarily water resources and consumption in Mugla.

Within the scope of the project, important sources that cause water footprints were identified, and it was aimed to define blue, green, and grey water footprints within the province, and intensive data collection, data analysis and evaluation studies were carried out. In addition, measures that can be taken to reduce the water footprint have been determined.

Another project we have realized with Mugla Metropolitan Municipality: