Etkiyap Facilitates the Formation of Turkey’s Advisory Board for Impact Investing

Reading Time: 1 dk. Category: Announcements, Events Date: 26 May 2021

In late 2020, a task force was formed to launch a National Advisory Board for impact investing in Turkey. The Task Force comprised the Investment Office of the Presidency, Turkish Development and Investment Bank, UNDP IICPSD, UNDP Turkey and Etkiyap. With the consensus of the Task Force members, Etkiyap was designated as the lead facilitator for the formation of the Turkish Advisory Board for Impact Investing. 
Etkiyap was well-positioned to take on this leadership role with its impact investing advocacy mission and its international partnerships with the Global Impact Investing Network (GIIN), Social Value International (SVI) and the IMP+ACT Alliance. Etkiyap has played a pivotal role in undertaking the groundwork for exploring the most suitable governance structure, initiating stakeholder engagement and preparing the initial drafts of strategic and legal documents required for the formation of the Turkish Advisory Board. 
The Turkish Advisory Board for Impact Investing called “EYDK” was established in late April, with delegates from 27 institutions and organisations representing various stakeholder groups of the impact investing ecosystem in Turkey. EYDK held its first official meeting on May 26th, and EYDK members elected Şafak Müderrisgil of Etkiyap as the Chairperson, and took the decision to start the application process of EYDK to become a member of the Global Steering Group ve for Impact Investing (GSG).