• logo linkedin
  • logo email
Yapı Kredi Leasing Proparco turkey climate finance
Proparco has just granted a €50 million loan to Yapı Kredi Leasing. This financing will be entirely allocated to support Yapı Kredi Leasing’s growth in climate finance, funding investments such as Wind Power Plants, Solar Power Plants and Electric Vehicles. This is the highest amount ever granted by Proparco to a leasing company.

Yapı Kredi Leasing is the first financial leasing company in Turkey and a true leader in the leasing sector. Yapı Kredi Leasing has consistently demonstrated its commitment to fostering sustainable development, and this new loan agreement marks a significant milestone in their effort.

By supporting Yapı Kredi Leasing, Proparco aims to contribute significantly to Turkey’s sustainable energy future and the global fight against climate change. Indeed, in alignment with the Paris Agreement, the project will have positive impacts in the country through the financing allocated to a private sector player committed to a climate-resilient development.  

The project will therefore contribute to Sustainable Development Goal n°13 “Climate Action”, since 100% of Proparco’s loan will be used to implement Yapı Kredi Leasing’s climate finance strategy.

For Stéphane Froissardey, Regional Director - Turkey, Middle East, Caucasus, Balkans and Central Asia: “we are excited to commence this long-term partnership, which is built on shared values and a mutual commitment to responsible and sustainable investment. This collaboration not only strengthens Yapı Kredi Leasing's already solid position in the market but also reinforces Proparco's dedication to the Turkish economy and its green transition.”