Green industrialization must also be an opportunity for businesses to become more competitive, modernize production and create quality jobs.
The #COP31 high-level dialogue on “Seizing the Green Industrial Opportunity: Investment, Jobs and Growth for Every Economy” was opened by the Vice President of the Republic of Türkiye, H.E. Cevdet Yılmaz.
Speaking at the event, BSTDB President Dr. Serhat Köksal highlighted the importance of accessible, affordable long-term financing, greater industrial energy efficiency and reliable access to cleaner energy in accelerating the green transformation of industry.
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How can development banks strengthen energy security and climate resilience while supporting economic competitiveness?
On 12 November, BSTDB, the Nordic Investment Bank and the Industrial Development Bank of Türkiye (TSKB) will convene a discussion at #COP31 on climate finance, energy security and economic resilience in the Baltic and Black Sea regions.
The dialogue will examine practical approaches to financing cleaner energy, resilient infrastructure and adaptation, as well as opportunities for cooperation and co-financing among development institutions.
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Food security, sustainable water management and climate resilience are closely interconnected.
At #COP31, BSTDB President Dr. Serhat Köksal participated in the ministerial launch of the Turquoise Nexus Initiative (TNI) under @FAO FAST Partnership and an agriculture ministers’ roundtable on the food–water–climate nexus.
Led by @TCTarim, the initiative brings together governments, international organisations and financial institutions to advance climate-resilient agri-food systems through stronger policy coordination, knowledge exchange and investment partnerships
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Turning climate priorities into investment requires more than access to capital. It requires well-prepared projects, viable financing structures and effective partnerships.
At COP31, BSTDB), together with the @EBRD, @AIIB_Official, @KfW_int and the @TheOPECFund, co-organised the dialogue “Mobilizing Finance for Country-Led Climate Action”.
BSTDB President Dr. Serhat Köksal highlighted how development banks can work together to mobilise investment in renewable energy, energy efficiency and resilient infrastructure, supporting countries in delivering their climate and development priorities.
Access to finance is essential for helping women farmers adapt to climate change and grow their businesses.
The High-Level Women Farmers Dialogue at #COP31 organised by @IFAD and Türkiye’s Ministry of Agriculture and Forestry (@TCTarim), put the financing gap facing rural women firmly on the agenda.
Dr. Serhat Köksal, BSTDB President, highlighted the role of local financial institutions in bringing climate finance closer to women-led agricultural businesses.
#FinancingTheFirstMile
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Effective financial intermediation can help make adaptation finance more accessible while supporting productive agriculture, rural livelihoods and economic resilience.
At #COP31 Türkiye, BSTDB President Dr. Serhat Köksal welcomed the launch of the @IFAD's Climate Adaptation Bond at an event co-hosted with @TheOPECFund.
He highlighted the importance of connecting capital markets with local financial institutions and delivery mechanisms capable of reaching smaller beneficiaries.
How can countries turn climate commitments into investments that deliver results?
At #COP31, BSTDB will co-organise a high-level event with @EBRD, @AIIB_Official, KfW and @TheOPECFund.
President Dr. Serhat Köksal will join fellow development finance leaders to discuss mobilising climate finance, overcoming investment barriers and supporting country-led priorities.
BSTDB will participate in @turkiyecop31 in Antalya from 9 to 20 November, with a dedicated pavilion showcasing its contribution to climate action across the Black Sea region.
Throughout COP31, the pavilion will highlight Bank-financed projects and provide a space for dialogue with partners on climate finance, green investment and regional resilience.
Visit the BSTDB Pavilion to learn more and follow us for updates from Antalya.
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Join BSTDB as a Senior Analyst in the Financial Analysis Department at our headquarters in Thessaloniki, Greece.
The role covers financial modelling, due diligence, transaction structuring, portfolio monitoring, credit-risk assessment, and recovery work across the Bank’s operations.
Learn more and apply by 2 December 2026: bstdb.org/current-vacancies/…
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BSTDB’s USD 350 million bond issuance has been recognised as Supranational & Agency Bond Deal of the Year at the 2026 Global Banking & Markets Awards: CEE, Central Asia & Türkiye.
Issued in February 2026, the three-year bond marked BSTDB’s return to the international bond market and attracted strong demand from investors worldwide.
The award represents an important milestone in the Bank’s efforts to strengthen its funding profile and access to international capital markets.
Our sincere thanks go to the investors and partner banks who supported this transaction. Their confidence strengthens our ability to finance projects supporting economic development and regional cooperation across the Black Sea region.
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How can development banks better understand and demonstrate the difference their investments make?
On 20–22 October, the Black Sea Trade and Development Bank (BSTDB) hosted the Fall Meeting of the Evaluation Cooperation Group at its headquarters in Thessaloniki.
Marking the ECG's 30th anniversary, the meeting brought together Independent Evaluation Units of international financial institutions to enhance evidence-based evaluation of development impact, improving evaluation standards and using lessons learned to inform future decisions.
Read more: bstdb.org/newsroom/bstdb-hos…
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Financing major infrastructure and industrial investment increasingly depends on strong partnerships across institutions and markets.
At the #WBGMeetings in Bangkok, BSTDB President Dr. Serhat Köksal met Wolfgang Behler, Global Head of Industries and Commerce, KfW IPEX-Bank.
The meeting provided an opportunity to explore potential areas of cooperation and investment opportunities in sectors of shared interest, including infrastructure, energy and industry.
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Financing sustainable investment remains a key area of cooperation between BSTDB and OeEB Oesterreichische Entwicklungsbank AG - The Development Bank of Austria.
At the #WBGMeetings in Bangkok, BSTDB President Dr. Serhat Köksal met with Sabine Gaber, CEO and Member of the Executive Board at the OeEB.
The meeting provided an opportunity to review ongoing cooperation and explore potential future financing opportunities in support of sustainable investment and private-sector development across the Black Sea region
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Mobilising investment is central to Ukraine’s economic resilience and recovery.
At the #WBGMeetings in Bangkok, BSTDB President Dr. Serhat Köksal met Oleksandr Kravchenko, Minister of Economy and Environment of Ukraine.
The meeting continued BSTDB’s engagement with Ukraine as the Bank supports investment, private-sector resilience and economic recovery in the country.
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Regional development banks can strengthen their impact by building partnerships across regions.
At the #WBGMeetings in Bangkok, BSTDB President Dr. Serhat Köksal met with Gisela Sánchez Maroto, Executive President of @BCIE_Org and José Guillermo Guerrero, Executive Vice President.
The meeting provided an opportunity to strengthen institutional dialogue and explore potential areas of cooperation between the two regional development banks in support of sustainable development and economic integration.
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Long-standing partnerships help development institutions extend their reach and impact.
On the sidelines of the #WBGMeetings in Bangkok, BSTDB President Dr. Serhat Köksal met Said Taufik Ridha, Director of Business Development at @TheOPECFund.
The meeting provided an opportunity to discuss potential areas of cooperation, including funding and co-investment opportunities and to further strengthen the institutional relationship between the two institutions.
Closer cooperation among development finance institutions can help mobilise investment and strengthen support for sustainable growth.
At the #WBGMeetings in Bangkok, BSTDB President Dr. Serhat Köksal met Tsutomu Yamamoto, Managing Director of the @MIGA.
The meeting provided an opportunity to strengthen the institutional dialogue between BSTDB and MIGA and explore areas for further cooperation.
Regional investment benefits from stronger links between development finance institutions.
During the 2026 IMF–World Bank Group Annual Meetings in Bangkok, BSTDB President Dr. Serhat Köksal met Baghdad Amreyev, President of the @TurkicFundOrg.
The two institutions signed a Memorandum of Understanding establishing a framework for closer cooperation and supporting their shared interest in investment, private-sector development and regional economic cooperation.
Learn more: bstdb.org/newsroom/bstdb-and…
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BSTDB will be in Bangkok next week for the 2026 IMF–World Bank Group Annual Meetings.
Led by President Dr. Serhat Köksal, the Bank’s delegation will hold a series of meetings with development finance institutions and financial partners, providing an opportunity to strengthen partnerships that can help mobilise investment and support sustainable growth and regional cooperation across the Black Sea region.
Follow our updates from Bangkok throughout the week.
#WBGMeetings #IMFMeetings
📸: @WorldBankGroup
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Many investors want more evidence on the performance of development finance investments.
As a long-time member of the Global Emerging Markets Risk Database, BSTDB is proud to contribute to the latest GEMs statistics, which now include, for the first time, a pilot study of returns to GEMs members.
Together with GEMs default and recovery statistics, the new analysis helps improve understanding of lending outcomes in emerging markets and developing economies.
Explore the publications and supporting materials: gemsriskdatabase.org
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