Turkey, Dec. 8 -- IFC provided advisory support and invested $100 million in QNB Bank Anonim ?irketi's (QNB Turkiye) climate transition bond to support low carbon and resilience investments across Turkiye. This marks IFC's first investment in a climate transition bond, aligned with the International Capital Market Association (ICMA) Climate Transition Bond Guidelines, and sets a pioneering example for financial institutions globally.A climate transition bond is a use-of-proceeds instrument designed to finance projects that help issuers, especially those financing or operating in high-emitting sectors, move toward net-zero, in line with the Paris Agreement. According to the latest guidance from ICMA, climate transition bonds must be anchored...