GCPF Partners with Denizleasing to Finance Climate-Positive Projects in Turkey

Zurich / Istanbul, 25 August 2025 – The Global Climate Partnership Fund (GCPF), a climate-focused blended finance fund managed by Swiss impact asset manager responsAbility, has entered into a new partnership with Denizleasing, the leasing subsidiary of DenizBank Group and one of Turkey’s leading private leasing companies. The partnership includes a EUR 12.5 million green credit facility to support the institution’s growth plans focused on financing climate-positive investments.

The full amount of the facility will be dedicated to climate-focused initiatives. Denizleasing will use the funds to provide leasing solutions for renewable energy projects, including small- to medium-scale solar photovoltaic (PV) systems, as well as energy efficiency technologies in sectors such as light manufacturing and construction.

This transaction marks a further step in GCPF’s collaboration with DenizBank Group and aligns with the Fund’s strategy to mobilize private capital for investments that reduce greenhouse gas emissions and support the energy transition in emerging markets.

In addition to the credit facility, GCPF will provide support through its Technical Assistance¹ facility to help Denizleasing further strengthen its environmental and social management systems, as well as initiatives in climate lending space.

This new engagement builds on GCPF’s existing partnership with DenizBank, which began in 2024 with a green lending facility to promote climate finance in Turkey. The extension of the partnership to include Denizleasing reflects the strong potential of the group to channel green finance into growing market segments.

About GCPF

The Global Climate Partnership was established by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), KfW Entwicklungsbank and the International Finance Corporation (IFC) in 2009 as a public-private partnership. Junior catalytic capital is provided by BMU, the department for Business, Energy and Industrial Strategy (BEIS) of the UK, Denmark’s development cooperation (Danida). Other private and public investors include ASN Bank, Ärzteversorgung Westfalen-Lippe, FMO, OeEB, Sparkasse Bremen, the European Investment Bank (EIB) and Heilsarmee.

About responsAbility Investments AG

responsAbility Investments AG is a leading impact asset manager specializing in private market investments across three investment themes. These themes directly contribute to the United Nations Sustainable Development Goals (SDGs): Financial Inclusion, to finance the growth of Micro & SMEs; Climate Finance, to contribute to a net zero pathway; and Sustainable Food, to sustainably feed an ever-growing population. responsAbility also offers tailor-made and fund investment solutions to institutional investors. All responsAbility investment solutions target specific measurable impact alongside market returns.

Since its inception in 2003, responsAbility has deployed over USD 16.8 billion in impact investments. With over 280 employees collaborating across 6 offices, as of 30 June 2025 the company manages USD 5.5 billion in assets across approximately 300 portfolio companies in around 70 countries. Since 2022, responsAbility has been part of M&G plc, the international savings, and investments business, and contributes to enhancing M&G’s capabilities in impact investing.

About Denizleasing

Denizleasing is the leasing subsidiary of DenizBank, Türkiye’s fifth-largest private bank and a recognized player in climate finance and sustainability. It supports the country’s economic development by offering tailored leasing solutions to businesses across sectors, with a growing focus on green and energy-efficient technologies.

Established in 1997, DenizBank offers a wide range of banking services to individuals, SMEs, and corporate clients.

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¹ Technical Assistance aims to institutionalize climate finance know‑how by funding bespoke advisory services to enable partner institutions to reach transformational change and by organizing peer learning events.