We attended the GSG Leadership Meeting (GLM) 2024 held in Costa Rica!

We were thrilled to attend the GSG Leadership Meeting (GLM) 2024, held on 17-18 June in Costa Rica, under the theme “Ignite Impact: Bridging Solutions for the Global South, LatAm Focus” organised by GSG Impact!

As the national partner of GSG Impact, we are incredibly grateful for the opportunity to join other impact leaders at this fruitful meeting. The GLM is a unique gathering that brought together global leaders to reflect on progress in building Impact Economies and to co-create solutions for current challenges and priority areas.

Thank you to everyone who made this event possible! Together, we are driving impactful change across the Global South and beyond.

A special highlight was our Secretary General, Tuğçe Söğüt, speaking on the panel titled “South Cooperation and Place-based Impact Investment.” Moderated by Sebastián Welisiejko (Global Policy Director, GSG Impact), the panel also featured esteemed speakers Amma Lartey (CEO, Impact Investment Ghana) and Royston Braganza (CEO, Grameen Capital India). The discussions focused on Place-Based Impact Investing in Ghana, India, and Türkiye, as well as global cooperation strategies.

EYDK, playing a leading role in the development of the Place-Based Impact Investing ecosystem in Türkiye:

We established the ‘Place-Based Impact Investment and Urban Healing Working Group’ in line with this goal, and with the strategic collaboration of GSG Impact, had implemented the “Scaling Catalytic Capital Deployment to Address Informal Settlement Crisis Project”.

The project was designed based on the flagship report: Informal Settlements: No Longer Invisible,” launched by the GSG policy team in July 2022, which aims to increase awareness about urban resilience and the crucial role of the private sector, establish a transparent and action-oriented knowledge hub for place-based impact investing, and create interdisciplinary foundational work in this field. This report serves as a global call to action, inspiring action-oriented efforts to implement scalable solutions effectively. Under the scope of this report and in strategic collaboration with GSG, EYDK has implemented the Turkish part of place-based impact investment initiatives similar to those being carried out in Colombia.

Three main outputs have been developed within the framework of the “Scaling Catalytical Capital Deployment to Address the Informal Settlements Crisis” Project, which was implemented in partnership with GSG Impact and with the support of the Catalytic Capital Consortium (C3). Following the “The Potential of Urban Healing Advancement in Turkiye Report” launched in January 2023 and the “Resilient Cities of the Future Workshop” held in March 2023 and its final report, the “Demystifying Urban Healing and Advancement: Instruments and Strategies” Report was published as the last output of the project

Also in the Turkish ecosystem:

The ‘İzmir Historical Kemeraltı Real Estate Investment Fund’ is a pioneering example of impact investment within Türkiye’s fund ecosystem, distinguished by its unique structure, mission, and objectives. Established through a partnership between EYDK member TARKEM and Re-Pie Portfolio, the fund aims to deliver returns to investors while prioritising societal benefits through impactful investments in the region. Launched in June 2023, the fund currently manages assets worth 50 million Turkish Liras and has attracted support from 230 investors.