{"id":2377,"date":"2023-09-13T11:55:06","date_gmt":"2023-09-13T08:55:06","guid":{"rendered":"https:\/\/finansman.ibb.istanbul\/en\/?p=2377"},"modified":"2024-10-09T10:06:38","modified_gmt":"2024-10-09T07:06:38","slug":"imm-the-first-local-government-to-prepare-a-sustainable-finance-framework","status":"publish","type":"post","link":"https:\/\/finansman.ibb.istanbul\/en\/imm-the-first-local-government-to-prepare-a-sustainable-finance-framework\/","title":{"rendered":"IMM, The First Local Goverment to Prepare A &#8220;Sustainable Finance Framework&#8221;"},"content":{"rendered":"<div  class='avia-slideshow av-lmhi9r4g-5fa0fc1887e1006b486637190baea98e avia-slideshow-featured av_slideshow avia-slide-slider  avia-builder-el-0  el_before_av_heading  avia-builder-el-first  av-slideshow-ui av-control-default av-slideshow-manual av-loop-once av-loop-manual-endless av-default-height-applied avia-slideshow-1' data-slideshow-options=\"{&quot;animation&quot;:&quot;slide&quot;,&quot;autoplay&quot;:false,&quot;loop_autoplay&quot;:&quot;once&quot;,&quot;interval&quot;:5,&quot;loop_manual&quot;:&quot;manual-endless&quot;,&quot;autoplay_stopper&quot;:false,&quot;noNavigation&quot;:false,&quot;bg_slider&quot;:false,&quot;keep_padding&quot;:false,&quot;hoverpause&quot;:false,&quot;show_slide_delay&quot;:0}\"  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><ul class='avia-slideshow-inner ' style='padding-bottom: 28.666666666667%;'><li  class='avia-slideshow-slide av-lmhi9r4g-5fa0fc1887e1006b486637190baea98e__0  av-single-slide slide-1 slide-odd'><div data-rel='slideshow-1' class='avia-slide-wrap '   ><img decoding=\"async\" fetchpriority=\"high\" class=\"wp-image-2379 avia-img-lazy-loading-not-2379\"  src=\"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-1500x430.jpg\" width=\"1500\" height=\"430\" title='elevated-view-businesspeople-analyzing-graph-desk' alt=''  itemprop=\"thumbnailUrl\"   \/><\/div><\/li><\/ul><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lmhi8guw-ad0a303e8454f91fcf1d693911b4d3bd\">\n#top .av-special-heading.av-lmhi8guw-ad0a303e8454f91fcf1d693911b4d3bd{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-lmhi8guw-ad0a303e8454f91fcf1d693911b4d3bd .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-lmhi8guw-ad0a303e8454f91fcf1d693911b4d3bd .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-lmhi8guw-ad0a303e8454f91fcf1d693911b4d3bd av-special-heading-h3  avia-builder-el-1  el_after_av_slideshow  el_before_av_textblock '><h3 class='av-special-heading-tag '  itemprop=\"headline\"  >IMM, THE FIRST LOCAL GOVERNMENT TO PREPARE A <span class='special_amp'>\u201c<\/span>SUSTAINABLE FINANCE FRAMEWORK<span class='special_amp'>\u201d<\/span><\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n<section  class='av_textblock_section av-lmhiiaun-1eb0729866814ab5e9f39dca4f49481d '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p><b>IMM has prepared a \u201cSustainable Finance Framework\u201d for the purpose of using green financial instruments in the international capital markets. A \u201cSecond Party Opinion\u201d has been obtained to confirm that the prepared Framework is reliable, impactful and aligns with the International Capital Market Association (ICMA) criteria. The Framework, which highlights environmental awareness and social benefit; can be used in green, social or sustainable bond, and sukuk transactions.<\/b><\/p>\n<p>Istanbul Metropolitan Municipality has prepared a \u201cSustainable Finance Framework\u201d for the use of financial instruments such as Environmental, Social and Governance (ESG) bonds in the international capital markets.<\/p>\n<p>Thus, Istanbul Metropolitan Municipality became the first local government to prepare a \u201cSustainable Finance Framework\u201d in T\u00fcrkiye. ING acted as Sustainability Structuring Advisor, advising on the preparation of the framework.<\/p>\n<p>The Sustainable Finance Framework, which aims at a development that is environmentally friendly and emphasizes social benefit; is intended to be used in potential green, social or sustainable bond, and sukuk transactions.<\/p>\n<p>Within this scope, a \u201cSecond Party Opinion\u201d has been obtained from a leading independent ESG assessment company Sustainalytics to confirm that the prepared framework is reliable, impactful and aligns with the International Capital Market Association (ICMA) principles.<\/p>\n<p>The alignment criteria are as follows; Sustainability Bond Guidelines 2021, Green Bond Principles 2021 and Social Bond Principles 2021, as administered by ICMA; and Green Loan Principles 2023 and Social Loan Principles 2023, as administered by Loan Market Association (LMA), Asia Pacific Loan Market Association (APLMA) and Loan Syndications &amp; Trading Association (LSTA).<\/p>\n<p>The relevant documents can be found at the following link:<\/p>\n<p><u><a href=\"https:\/\/finansman.ibb.istanbul\/wp-content\/uploads\/2023\/12\/Sustainable-Finance-Framework.pdf\" target=\"\" rel=\"noopener\">-Sustainable Finance Framework<\/a><\/u><\/p>\n<p><u><a href=\"https:\/\/finansman.ibb.istanbul\/wp-content\/uploads\/2023\/12\/Second-Party-Opinion.pdf\" target=\"\" rel=\"noopener\">-Second Party Opinion<\/a><\/u><\/p>\n<p>Respectfully announced to the public.<\/p>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"featured_media":{"id":2379,"url":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-scaled.jpg","sizes":{"thumbnail":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-80x80.jpg","medium":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-300x300.jpg","medium_large":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-768x768.jpg","large":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-1030x1030.jpg","1536x1536":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-1536x1536.jpg","2048x2048":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-2048x2048.jpg","widget":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-36x36.jpg","square":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-180x180.jpg","featured":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-1500x430.jpg","featured_large":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-1500x630.jpg","extra_large":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-1500x1500.jpg","portfolio":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-495x400.jpg","portfolio_small":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-260x185.jpg","gallery":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-845x684.jpg","magazine":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-710x375.jpg","masonry":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-705x705.jpg","entry_with_sidebar":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-845x321.jpg","entry_without_sidebar":"https:\/\/finansman.ibb.istanbul\/en\/wp-content\/uploads\/2023\/09\/elevated-view-businesspeople-analyzing-graph-desk-1-1210x423.jpg"}},"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-2377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/posts\/2377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/comments?post=2377"}],"version-history":[{"count":6,"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/posts\/2377\/revisions"}],"predecessor-version":[{"id":2817,"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/posts\/2377\/revisions\/2817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/media\/2379"}],"wp:attachment":[{"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/media?parent=2377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/categories?post=2377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finansman.ibb.istanbul\/en\/wp-json\/wp\/v2\/tags?post=2377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}