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Insights & Perspectives
Analysis on strategy, sustainable finance, climate risk, and governance from the Clymflex team.
The Momentum and Mandate of Sustainable Finance in MENA: A Clymflex Perspective
Sustainable finance in MENA has moved from ambition to regulation, with Qatar, the UAE, and Saudi Arabia requiring banks to embed climate risk in strategy, governance, and ICAAP, and to publish data-driven sustainability reports aligned with global and local standards. At Clymflex, we see early adopters turning compliance into market leadership in the region's rapidly growing sustainable finance arena.
Kadir Burak Oguz
4 min read
The EU Green Taxonomy: Definition, Reporting Obligations, and Key Considerations for Companies
The EU Green Taxonomy is a classification system established under Regulation (EU) 2020/852 to define which economic activities can be considered environmentally sustainable. It forms a cornerstone of the EU Green Deal and the Sustainable Finance Disclosure Regulation (SFDR), aiming to redirect capital flows toward greener activities. You may find the detailed info in our blog post regarding the taxanomy.
Kadir Burak Oguz
23 min read
Turkey’s Banks Fast-Track EU-Grade Green Asset Ratios
The European Union's initiative to translate its environmental taxonomy into a singular prudential KPI has yielded two years of publicly available Green Asset Ratio (GAR) data. Approximately 150 banks reported their ratios for the first time in 2024, and a subsequent wave of disclosures in 2025 highlighted the challenges of translating climate policy into tangible balance-sheet outcomes. The European Banking Authority reported an average GAR of below 3 percent, with signific
Kadir Burak Oguz
4 min read
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