• Primary Program Climate & Sustainability
  • Research Interests Sustainable Finance, Environmental Economics, Applied Econometrics

Biography

Dr. Cilekoglu is a Postdoctoral Researcher in the Climate & Sustainability program. His current research covers understanding sustainable finance practices, the implications of climate change, and the responses of firms to climate policy initiatives. He holds a Ph.D. in Economics from the University of Barcelona and an M.Sc. in Economics from Catholic University in Milan. He was previously a Lecturer at Istanbul Bilgi University and a Visiting Researcher at both LMU in Munich and METU in Ankara. Prior to joining KAPSARC, he worked as a Climate Policy Consultant for a political party.

Publications

See all Akin’s publications
  • Discussion paper
  • Commentary
  • KAPSARC journal article
Sectoral Clustering and Climate-Tech Startup Financing Through Venture Capital and Private Equity

Sectoral Clustering and Climate-Tech Startup Financing Through Venture Capital and Private Equity

In this study, I investigate climate-tech startup financing of venture capital (VC) and private equity (PE) investments across different sectors around the world for the 2022-2024 period. Cross-sectional analysis suggests that start-ups in sectors with higher dynamism (proxied by deal activity) received larger funding. The findings reveal a sectoral-clustering in climate-tech and the VC/PE financing across various sectors of climate-tech is not uniformly distributed. Total funding provided to climate-tech start-ups and the number of deals vary significantly across countries and sectors. I discuss the potential reasons of sectoral clustering in climate-tech and provide recommendations for policymakers. This paper contributes to the broader understanding of capital flows within the climate-tech ecosystem, offering insights for policymakers aiming to ensure efficient capital allocation for various climate solutions and accelerate the transition to a sustainable economy.

12th January 2025
Why Does Sustainable Finance Not Flow into the Global South?

Why Does Sustainable Finance Not Flow into the Global South?

While private sustainable finance flows have grown substantially in recent years, they are heavily concentrated in certain countries – primarily in a few advanced economies. Emerging markets and developing economies (EMDEs) face significant barriers to accessing much-needed private funds for their decarbonization efforts.

12th November 2024

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