Sustainable Mobility and Energy Transition Financing in Industry Discussed at COP31 Summit

On the second day of the ongoing COP31 summit in Antalya, sessions organized by Garanti BBVA addressed the electric mobility ecosystem and the financing of low-carbon production investments in industry.

In the "Financing the Sustainable Mobility Transformation" panel, moderated by Francisco Betti of the World Economic Forum, Garanti BBVA CEO Mahmut Akten and Togg CEO Gürcan Karakaş came together. During the panel, the contributions of the integration between Togg's Trumore platform and Garanti BBVA Mobile to digital vehicle financing were evaluated. Mahmut Akten drew attention to the importance of financing models that support the development of the entire ecosystem, not just vehicle purchases, in the field of electric mobility.

In the second panel titled "Investing in Energy Transition: Increasing Industrial Competitiveness," the effects of energy efficiency and low-carbon production investments on the competitiveness of companies were discussed. The session, moderated by Garanti BBVA Sustainability Director İrem Barzilay, was attended by representatives from the Asian Development Bank, Ivy Decarb Marketplace, and UNO. Akten stated that the technical analysis of technology and energy saving potential in industrial transformation investments should be evaluated together with the investment's repayment capacity.

Among the examples of cooperation, the 13 million euro financing provided for UNO's production line modernization within the framework signed by Garanti BBVA with Spain's ICO institution in November 2025, and the machinery and equipment financing solutions offered to textile suppliers through the Ivy Decarb platform were highlighted.