TURKEY PROSPERITY FUND PROGRAMME – FINANCIAL YEAR 20152016 TOTAL

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Prosperity Core Brief Ver 1.0 2110


Turkey Prosperity Fund Programme – Financial Year 2015-2016



Total of £450k was allocated to 10 ODA eligible projects at the fiscal year of 2015-2016 with a focus on Climate Change, Energy Efficiency and Open Economy.




Prosperity Fund Projects 2015– 2016 (ODA eligible)


Project Name

Implementer

Description

Anti-Corruption Education Toolkit for SMEs in Turkey and G20 Countries.

IBLF Consulting /TEID

Improving transparency in trade is an important priority in the wider effort of leveraging trade for more inclusive economic growth of Turkey and SMEs have key role in the process. Furthermore, Turkey is the G20 President for 2015 which has the transparency as one of the main working topic. Thus the project will provide support to Turkey’s on its way to have more transparent economy and thus facilitates effective trade between Turkey and UK in the long run.

Helping Turkish SMEs to develop a Low Carbon Market Strategy for their Businesses

PERA EEMA Consulting

Project helps tackling Climate Change through Low Carbon Economic Development in Turkey by transferring know-how and a model from UK. This will create a favourable environment for UK low carbon business capability.

Diyarbakır Solar Capacity Building Project

Life Energy Consulting / Diyarbakır Chamber of Commerce and Industry

This project supports solar energy investments by increasing the local capacity and facilitates investment and Business to Business (B2B) opportunity to clean energy at the southeast region of Turkey. Also develops new progressive relationships with key economic and business stakeholders in the region.

Implementing the Turkish Woodland Carbon Code

Nature Conservation Centre

Forestry is an important economic sector and also one of key sector for carbon offsetting. The Woodland Carbon Code is the UK standard for afforestation projects for climate change mitigation. It provides independent verification and validation and assurance about the levels of carbon sequestration from managed woodland and their contribution to climate change mitigation. Establishing a similar system in Turkey will enable UK business advantage of investment.

Strengthen the role of Turkish Parliament for the improvement of National climate change policy

Global Balance Association

This project will provide a better understanding and decision making tools to the Turkish Grand National Assembly on climate. Project also creates opportunities to establish a high level relationship with key bureaucrats and parliamentarians, delivering the messages related to the UK low carbon capacity and leadership.

Modernisation of EU – Turkey Customs Union: A Political Economy Analysis

TUSIAD

Turkey -EU Custom Union agreement promotes policies aimed at increasing the ease of doing business. Extension and modernisation of the agreement necessitates comprehensive analysis of risk and opportunities for UK business. With this study business sector will be informed about the impact well in advance.

Project on Regulation on Wholesale Energy Market Integrity and Transparency (REMIT)

Deloitte Consulting / Energy Markets Regulatory Authority

Turkey is in the process of liberalisation its energy sector and establishing an Energy Market. Transparency of this market, which is the main purpose of this project, has the utmost importance for all investors (including UK) to effectively take part at the market. Project also enables to networking opportunity with the main actors of the energy market in Turkey.

A Civil 20 (C20) Turkey

OXFAM (on behalf of C20 Steering Committee)

Civil society plays a key role for the strong, stable and sustainable economic growth in Turkey, supporting the global economic recovery, transparency and global prosperity. UK is more actively involving in the G20 Process by supporting the establishment of the C20 in Turkey and also developing strategic partnerships for transparency in Turkey.

Growing Green Bonds Market in Turkey

S360 Sustainability and Communication

To develop the Turkey Green Bonds Market (basing on the UK Green Bonds Market Model) will increase the green investment opportunities in Turkey.

Feasibility Study to Establish an Efficiency Center for Private Sector

Union of Chambers and Commodity Exchanges of Turkey (TOBB)

The SMEs are one of the key player at the transition of Turkey to the low carbon economy. This project will provide SMEs a permanent and trustable body to consult, create a channel to UK know-how and technology transfer and also support networking and B2B between Turkish and UK companies.





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