Achieving global net zero emission (NZE) goals necessitates trillions of US$ of annual investment in various mitigation technologies. While a significant portion of this investment is expected to take place in mainstream mitigation technologies (e.g., renewable energy), low carbon technologies (e.g., CCUS) are also considered among the key enablers, especially in hard-to-abate sectors. However, the lack of a globally recognized environmental, social, and corporate governance (ESG) taxonomy and disclosure standards hinders efforts to scale up the necessary finance, especially in the case of CCUS investments. Establishing more holistic global ESG guidelines, including more explicit guidance on the reporting of CCUS-related activities, can accelerate the global sustainable energy transition.

Fellow
Dr. Yilmaz currently works as a Fellow I in the Climate and Sustainability program. His current research agenda aims to…
Dr. Yilmaz currently works as a Fellow I in the Climate and Sustainability program. His current research agenda aims to enhance our understanding of the financial and economic consequences of the sustainable energy transition and to design effective policies to balance risk and growth prospects. Prior to joining KAPSARC, Dr. Yilmaz worked as an economist at the Central Bank of the Republic of Turkey, where he was actively involved in the research and the design of policies for the private and banking sectors. He also worked as a consultant for the World Bank and spent a year as an assistant professor of economics at ADA University. He has authored various academic and policy articles and attended academic conferences and workshops. He holds a Ph.D. in economics from the University of Calgary.
Expertise
- Sustainable Finance and Investment
- Applied Banking and Finance
- Corporate Taxation
- Public Economics
- Applied Micro-Econometrics
Publications See all Fatih Yılmaz’s publications

Enhancing the G20’s Climate Change Policy Agenda with the Circular Carbon Economy Index
Achieving global net zero emission (NZE) goals necessitates trillions of US$ of annual investment in…
22nd June 2023
The Circular Carbon Economy Index 2022 – Results
Achieving global net zero emission (NZE) goals necessitates trillions of US$ of annual investment in…
5th March 2023