Projects

  • Sürdürülebilir Tüketim ve Üretim Ulusal Eylem Planı Hazırlanması

    2023 – 2024

    Institution: T.C. Çevre, Şehircilik ve İklim Değişikliği Bakanlığı, Çevre Yönetimi Genel Müdürlüğü

    Sürdürülebilir Tüketim ve Üretim Ulusal Eylem Planı Hazırlanması

    Doğal kaynakların sürdürülebilir yönetimi ve etkin kullanımı ile bilimsel temellere dayalı yaşam döngüsü yaklaşımı göz önünde bulundurularak kaynak verimliliği uygulamalarının sanayi faaliyetlerine entegre edilmesinin sağlanması; ekosistemlerdeki kimyasal kirliliğin önlenmesi; uluslararası standartlar ile uyum içinde olacak şekilde kurumsal sürdürülebilirlik raporlama faaliyetlerinin hız ve nitelik kazanması ve döngüsel ekonomiyi benimseyen çevre dostu iş modellerinin geliştirilerek teşvik edilmesi;…

    Completed

  • Sefaköy-Beylikdüzü-Tuyap Section consists of 10 stations with a total length of 17.89 km. Technical, Financial, Environmental, Social and Gender Due Diligence Study

    2023 – 2023

    Institution: EBRD

    Sefaköy-Beylikdüzü-Tuyap Section consists of 10 stations with a total length of 17.89 km. Technical, Financial, Environmental, Social and Gender Due Diligence Study

    Assist in the preparation of a project aimed at the construction of theMetro Line, a municipally owned metro system in Istanbul TRENMO led a consultant team responsible for the due diligence study for the Bank’s proposed investment, covering technical due diligence, environmental and social impact assessment and financial due diligence. Prof. Dr. Cem Avci conducted…

    Completed

  • Kentsel Organik Atıkların Belirli Zaman Dilimleri Bazında Değerlendirilmesine Yönelik Atık Yönetimi Modelinin Geliştirilmesi

    2022 – 2022

    Institution: Evra Enerji Sanayi Ticaret A.Ş.

    Kentsel Organik Atıkların Belirli Zaman Dilimleri Bazında Değerlendirilmesine Yönelik Atık Yönetimi Modelinin Geliştirilmesi

    Şubat 2019 tarihli ihale ile işletme hakları 25 yıl boyunca Evra Enerji Sanayi Ticaret A.Ş.’ye ait olup sonrasında TRAB-Rİ-KAB’a (Trabzon ve Rize İlleri Yerel Yönetimleri Katı Atık Tesisleri Yapma ve İşletme Birliği) devredilecek olan Araklı Entegre Katı Atık Değerlendirme ve Bertaraf Tesisi’ne gelen ve mevcut durumda gazlaştırma ünitesinde değerlendirilemeyerek lot sahasına gönderilen, içeriğinde mutfak, restoran,…

    Completed

  • CMIP6 Yeni Nesil İklim Modelleri Kullanılarak CORDEX-Orta Asya Bölgesi’nin Yağış Rejimi ve Uç Olaylarına İklim Değişikliğinin Etkisi

    2022 – 2024

    Institution: Boğaziçi Üniversitesi Bilimsel Araştırma Projeleri Koordinatörlüğü

    CMIP6 Yeni Nesil İklim Modelleri Kullanılarak CORDEX-Orta Asya Bölgesi’nin Yağış Rejimi ve Uç Olaylarına İklim Değişikliğinin Etkisi

    Assist in the preparation of a project aimed at the construction of theMetro Line, a municipally owned metro system in Istanbul TRENMO led a consultant team responsible for the due diligence study for the Bank’s proposed investment, covering technical due diligence, environmental and social impact assessment and financial due diligence. Prof. Dr. Cem Avci conducted…

    Ongoing

  • RÜZGÂR VE HİDROJEN HİBRİT KAYNAK KULLANIMI İLE KARARLI YENİLENEBİLİR ENERJİ ÜRETİM OPTİMİZASYONU

    2022 – 2024

    Institution: Boğaziçi Üniversitesi Bilimsel Araştırma Projeleri Koordinatörlüğü

    RÜZGÂR VE HİDROJEN HİBRİT KAYNAK KULLANIMI İLE KARARLI YENİLENEBİLİR ENERJİ ÜRETİM OPTİMİZASYONU

    Büyük veri veya makine öğrenimi gibi yapay zekâ tabanlı yöntemler kullanılarak, rüzgâr türbinlerinin çalışma davranışındaki anormallikler önceden tespit edilebilir. Yapay zekâ yöntemleri rüzgâr türbinlerinin uzaktan takip ve izleme sistemlerine rağmen fark edilemeyen anormalliklerinin tespitinde devreye girerek rüzgâr türbinlerinin bakımı için ekstra avantaj sunarak güvenilir rüzgâr santrali işletimine olanak sağlayabilir. Özetle, rüzgâr türbinlerinin zamanla değişen çalışma…

    Completed

  • Ankara Dikimevi-Natoline Metro Line – Technical, Financial, Environmental and Social Due Diligence Study

    2022 – 2022

    Institution: EBRD, AFD

    Ankara Dikimevi-Natoline Metro Line – Technical, Financial, Environmental and Social Due Diligence Study

    Assist in the preparation of a project aimed at construction of the Ankara Dikimevi- Nato Metro Line, a municipally owned metro system in Ankara. TRENMO led a consultant team responsible for the due diligence study for the Bank’s proposed investment, covering technical due diligence, environmental and social impact assessment and financial due diligence. ACE conducted…

    Completed

  • Explaining the Forward Premium Puzzle

    2022 – 2024

    Institution: Boğaziçi University – Research Fund Grant Number 19603

    Explaining the Forward Premium Puzzle

    Forward Premium Puzzle refers to the widespread empirical finding that the change in the spot price of an exchange rate is negatively related to its forward premium. We propose an ambiguity-based explanation to this puzzle in which spot price moves in response to risk and ambiguity considerations of currency carry traders. The primary motivation behind…

    Completed

  • Project Drainage By Design Optimizing Stormwater Infrastructure in Istanbul-(MIT
  Science and Technology Initiatives Fund Climate Change İmpact Assessment Framework for
  Istanbul Stormwater

    2021 – 2022

    Institution: MISTI Projesi

    Project Drainage By Design Optimizing Stormwater Infrastructure in Istanbul-(MIT Science and Technology Initiatives Fund Climate Change İmpact Assessment Framework for Istanbul Stormwater

    Drainage by Design: Optimizing Stormwater Infrastructure in Istanbul” project is among new studies that have been supported as part of MISTI (MIT Science and Technology Initiatives) – Boğaziçi International Research, Education, and Support Program that aims to carry out joint projects between academics and students from both Boğaziçi University and Massachusetts Technology Institute (MIT) and…

    Completed

  • Bandırma-Bursa-Yenişehir-Osmaneli High Standard Railway – ESDD and Monitoring

    2021 – 2023

    Institution: Standard Chartered Bank

    Bandırma-Bursa-Yenişehir-Osmaneli High Standard Railway – ESDD and Monitoring

    Bandırma-Bursa-Yenişehir-Osmaneli High Standard Railway – ESDD and Monitoring

    Completed

  • ESIA Çanakkale 1915 Bridge and Approach Roads

    2021 – 2022

    Institution: EBRD

    ESIA Çanakkale 1915 Bridge and Approach Roads

    The work was conducted together with a multinational consultancy company on behalf of the sponsoring joint- venture for the ESIA of a major new infrastructure project involving a new bridge over the Çanakkale Straits and 90 km motorway approach roads. The work was conducted to meet Turkish and EBRDl/IFC standards. Prof. Avcı is acting as…

    Completed

  • Design of the Turkish Emissions Trading System (EPİAŞ)

    2021-2022

    Institution: EPİAŞ

    Design of the Turkish Emissions Trading System (EPİAŞ)

    Examining the legal and structural design of the carbon exchange, which will be the main element of the emissions trading system planned to be established in Türkiye, determining the trading rules and similar issues, and presenting a model proposal.

    Completed

  • Go Zero – Zero Waste Management in Food Sector (Gıda Sektöründe Sıfır Atık Yönetimi)

    2020 – 2023

    Institution: Türkiye Ulusal Ajansı, Avrupa Birliği Başkanlığı – Avrupa Birliği Eğitim ve Gençlik Programları Merkezi Başkanlığı

    Go Zero – Zero Waste Management in Food Sector (Gıda Sektöründe Sıfır Atık Yönetimi)

    Gıda sektöründe çalışanların ve gelecekte çalışacak olup meslek liselerinin ilgili bölümlerinde okuyan öğrencilerin atık yönetimi becerilerinin geliştirilmesi; ortak ülkelerde gıda sektöründe sıfır atık yönetiminin başarılı bir şekilde uygulanması; seçilen gıda alt sektörlerinde atık yönetimi sisteminin geliştirilmesine katkı sağlanması; sıfır atık yönetimi açısından yeniden kullanım, geri dönüşüm, onarım, tekrar düşünme, atık azaltımı seçeneklerinin teşvik edilmesi gibi…

    Completed

  • Sıfır Atık Belgesi İçin Nitelikli Belge Kriterleri ve Puanlama Esaslarının Belirlenmesi

    2020 – 2021

    Institution: T.C. Çevre, Şehircilik ve İklim Değişikliği Bakanlığı

    Sıfır Atık Belgesi İçin Nitelikli Belge Kriterleri ve Puanlama Esaslarının Belirlenmesi

    12/07/2019 tarih ve 30829 sayılı Resmi Gazete’de yayımlanarak yürürlüğe giren Sıfır Atık Yönetmeliğine göre temel, gümüş, altın ve platin seviyelerdeki sıfır atık belgeleri için ayrı ayrı olmak üzere nitelikli belge kriterleri ve puanlama esaslarının il belediyeleri ve nüfusu elli binin üzerindeki ilçe belediyeleri, organize sanayi bölgeleri, alışveriş merkezleri, havalimanları, tren ve otobüs terminalleri, limanlar ile…

    Completed

  • Yaşam Döngüsü Uygulamaları ile Kişisel Bakım ve Kozmetik Ürünleri Sektöründe Ulusal Çevre Etiketi Kriterlerinin Belirlenmesi

    2020 – 2021

    Institution: T.C. Çevre, Şehircilik ve İklim Değişikliği Bakanlığı – ÇED, İzin ve Denetim Genel Müdürlüğü

    Yaşam Döngüsü Uygulamaları ile Kişisel Bakım ve Kozmetik Ürünleri Sektöründe Ulusal Çevre Etiketi Kriterlerinin Belirlenmesi

    19.10.2018 tarih ve 30570 sayılı Resmi Gazete’de yayımlanan Çevre Etiketi Yönetmeliği gereklilikleri doğrultusunda “Kişisel Bakım ve Kozmetik Ürünleri” kategorisinde bulunan şampuan, saç kremi, duş jeli, katı sabun, sıvı sabun, el kremi, vücut kremi, tıraş sabunu ve tıraş köpüğü ürünlerine yönelik çevre etiketi kriterleri TS EN ISO 14040 standartlarında Yaşam Döngüsü Değerlendirmesi yapılarak belirlenmiş ve yayına…

    Completed

  • Surface Water Quality Modelling using SWAT Model-TUBITAK Project 2020-2022

    2020 – 2022

    Institution: TÜBİTAK- 1001 Bilimsel ve Teknolojik Araştırma Projelerini Destekleme Program

    Surface Water Quality Modelling using SWAT Model-TUBITAK Project 2020-2022

    Modelling Impact Assessment of Remedial Actions on Water Quality in Nitrate Sensitive Watershed project. Prof. Dr. Cem Avcı has worked working as Project Leader for Technological Research Council of Turkey (TÜBİTAK) MAM Environment and Cleaner Production Institute sponsored Project entitled “Modelling Impact Assessment of Remedial Actions on Water Quality in Nitrate Sensitive Watersheds: Burdur, Kuzey…

    Completed

  • Buca Metro Line – Technical, Financial, Environmental and Social Due Diligence Study

    2020 – 2021

    Institution: EBRD, AIIB, AFD, BSTDB

    Buca Metro Line – Technical, Financial, Environmental and Social Due Diligence Study

    Assist in preparation of a project aimed at construction of the Buca Metro Line, municipally owned metro system in Izmir. TRENMO led a consultant team responsible for the due diligence study for the Bank’s proposed investment, covering technical due diligence, environmental and social impact assessment and financial due diligence. ACE conducted the ESDD

    Completed

  • Environmental and Health and Safety Due Diligence for natural gas extraction company in the Thrace Region

    2020 – 2020

    Institution: Natural Gas Extraction Company

    Environmental and Health and Safety Due Diligence for natural gas extraction company in the Thrace Region

    The scope of the work undertaken comprised the following: • Conduct a partial site visit to operation areas of the Company, as well as the operational headquarters in Tekirdağ. • Review of available environmental, health and safety (EHS) documents provided during and following the site visit. • Undertake an EHS management review and analysis for…

    Completed

  • Global Behavioral Science Project in Financial Decision Making in Low- to Moderate-Income Households in Turkey / Türkiye’deki düşük ve orta gelirli hane halkının, finansal refah düzeylerini artırmada davranışsal finansın uygulaması global proje

    2020 – 2022

    Institution: Duke University – Center for Advanced Hindsight / Common Cents Lab

    Global Behavioral Science Project in Financial Decision Making in Low- to Moderate-Income Households in Turkey / Türkiye’deki düşük ve orta gelirli hane halkının, finansal refah düzeylerini artırmada davranışsal finansın uygulaması global proje

    Türkiye’de düşük ve orta gelirli hane halkının finansal refah düzeyini geliştirme kapsamında finansal karar aşamalarında, davranışsal finansın prensiplerini kullanarak olumlu davranış değişikliklerine yol açabilmek üzere müdahaleler (nudge intervention) geliştirmek konulu projemiz sadece dünyada değil ülkemizde de finansal refah düzeyinin sağlanması ve iyileştirilmesi konusuna değinmektedir. Global araştırma projesinin başlıca hedefleri, davranışsal bilim ve davranışsal finansın prensiplerini…

    Completed

  • Rapid Advisory Response for SMEs: An Assessment of the SME Sector in Türkiye for EBRD and MoIT / KOSGEB (Small and Medium Enterprises Development Organization of Türkiye)

    2020 – 2022

    Institution: Republic of Turkey Ministry of Industry and Technology / KOSGEB / EBRD

    Rapid Advisory Response for SMEs: An Assessment of the SME Sector in Türkiye for EBRD and MoIT / KOSGEB (Small and Medium Enterprises Development Organization of Türkiye)

    A preliminary data-oriented study for a validated algorithm for the classification SMEs of Türkiye according to various criteria, the outlook of their financial vulnerabilities, identification of systemic influence channels and the development of appropriate policies.

    Completed

  • Algorithm development for pricing and usage of derivatives for FX and interest rate risk management for Turkcell (largest mobile operator in Türkiye)

    2020 – 2021

    Institution: Turkcell

    Algorithm development for pricing and usage of derivatives for FX and interest rate risk management for Turkcell (largest mobile operator in Türkiye)

    Designing various complex financial products (CCS, FRA, etc.), implementing their algorithms and adapting them to the company’s financial structure in order to manage the exchange rate and interest risks that the company is exposed to.

    Completed

  • Determining modeling, pricing and transaction rules for the transition from LIBOR to TLREF for the Banks Association of Türkiye and Ernst&Young

    2020 – 2021

    Institution: The Banks Association of Turkey / Ernst & Young

    Determining modeling, pricing and transaction rules for the transition from LIBOR to TLREF for the Banks Association of Türkiye and Ernst&Young

    As is the case globally, the decision has been made to terminate LIBOR and its financial contracts in Turkey. The aim of this project is to model and price the TLREF rate proposed in Turkey to replace LIBOR, describe the transition process, and design future TLREF-based derivative products.

    Completed

  • Ispartakule-Cerkezkoy Rail Project

    2019 – 2020

    Institution: EBRD

    Ispartakule-Cerkezkoy Rail Project

    A gap analysis of the existing EIA and other relevant documentation against applicable Turkish legislation, EU legislation, EBRD 2014 Environmental and Social Performance Requirements, and World Bank Group’s EHS guidelines was carried out to critically review and evaluate the environmental and social standards and performance (including land acquisition, stakeholder engagement and biodiversity) of the project.…

    Completed

  • Environmental Due Diligence for Multinational Oil Company Exiting Turkey for Operations

    2019 – 2019

    Institution: Multinational Oil Company

    Environmental Due Diligence for Multinational Oil Company Exiting Turkey for Operations

    Prof. Avci was technical coordinator was a vendor’s due diligence for a multinational company who had been operating in Turkey. The study was used to assess environmental risks for ten oil and LPG terminals across Turkey. Regulatory Framework compliance, site visits, interview with personnel and Phase II site assessments were conducted at the terminals.

    Completed

  • Decomposition of Time-Varying Risk Premia in Equity Markets

    2019 – 2020

    Institution: Boğaziçi University – Research Fund Grant Number 14822

    Decomposition of Time-Varying Risk Premia in Equity Markets

    This study aims to document the time varying risk premia for market, size, value and momentum factors for Turkish equity market, using a sophisticated conditional asset pricing model and lay out the changing power of state variables in determining the premia demanded by investors.

    Completed

  • Ambiguity, High-Frequency Data and Asset Prices

    2019 – 2020

    Institution: Boğaziçi University – Research Fund Grant Number 14564

    Ambiguity, High-Frequency Data and Asset Prices

    Ambiguity plays a significant role in decision making, yet its exact definition and measurement eludes researchers. This study takes a practical approach to view ambiguity as volatility of probabilistic distributions in financial markets and proposes to measure it using high frequency stock price and order data that Borsa Istanbul provides. Once ambiguity is measured, we…

    Completed

  • Environmental and Social Monitoring and PR2 Audit for Ikitelli Metro Line Project for EBRD

    2019 – 2023

    Institution: EBRD EIB

    Environmental and Social Monitoring and PR2 Audit for Ikitelli Metro Line Project for EBRD

    Environmental and Social Monitoring and PR2 Audit for Ikitelli Metro Line Project for EBRD

    Completed

  • IPPF SIW – Istanbul Metro 2 Due Diligence – Umraniye-Atasehir-Goztepe Metro Project

    2018 – 2019

    Institution: EBRD

    IPPF SIW – Istanbul Metro 2 Due Diligence – Umraniye-Atasehir-Goztepe Metro Project

    Due diligence study for the Bank’s proposed investment, covering technical due diligence, environmental and social impact assessment and financial due diligence.

    Completed

  • Southstream Transport Natural Gas Pipeline Offshore Project Environmental and Social Impact Assessment

    2018 – 2022

    Institution: Turkstream

    Southstream Transport Natural Gas Pipeline Offshore Project Environmental and Social Impact Assessment

    In accordance with Turkish legislation with the submission of the EIA Application File in May 2013. Approximately 470 km of the pipeline will lie within the Turkish Exclusive Economic Zone, and will run along the bottom of the Black Sea. The Turkish Sector of the Project is being developed in compliance with Turkish permitting requirements…

    Completed

  • STAR Aliaga Refinery Environmental and Social Due Diligence

    2018

    Institution: Socar and Turcas Aegean Refinery

    STAR Aliaga Refinery Environmental and Social Due Diligence

    Socar and Turcas Aegean Refinery (STAR) is a new refinery to be built at Petkim’s existing Aliaga petrochemical production complex. Prof. Avcı’s role in the project involved environmental, health and safety regulatory and permitting support both for new refinery and during the construction and site preparation periods. Research for compilation of relevant legal and engineering…

    Completed

  • IHIC İstanbul İkitelli Integrated Health Campus (ESIA)

    2018

    Institution: IHIC

    IHIC İstanbul İkitelli Integrated Health Campus (ESIA)

    IHIC İstanbul İkitelli Uluslararası Sağlık Hizmetleri Yatırım ve İşletme A.Ş. (IHIC) was awarded by the Ministry of Health for the design, construction, operation, equipping and maintenance of the health campus. As IHIC was seeking financing from multinational financial institutions including export credit agencies to fund the development of the Project. an ESIA study was undertaken…

    Completed

  • Alternative Models of Retirement Systems for Massachusetts Institute of Technology

    2018 – 2021

    Institution: Massachusetts Institute of Technology (MIT)

    Alternative Models of Retirement Systems for Massachusetts Institute of Technology

    Workshops were held in Boston, Paris, and Istanbul with academics from the Sloan School of Management at MIT and experts from the OECD. The topic addressed what needs to be done to improve retirement systems. The project’s goal is to design how the aforementioned institutions can collaborate on such an endeavor. The intent and format…

    Completed

  • IPPF SIW – Izmir Metro Project – Due Diligence Study

    2017 – 2018

    Institution: EBRD

    IPPF SIW – Izmir Metro Project – Due Diligence Study

    Assist in preparation of a project aimed at construction of a municipally owned metro system in Izmir. Consulgal led a consortium responsible for the due diligence study for the Bank’s proposed investment, covering technical due diligence, environmental and social impact assessment and financial due diligence. ACE conducted the ESDD

    Completed

  • Yenilikçi emeklilik ürünlerinin geliştirilmesi ve simülasyon platformu’nun kurulması

    2016 – 2018

    Institution: İstanbul Kalkınma Ajansı / OECD

    Yenilikçi emeklilik ürünlerinin geliştirilmesi ve simülasyon platformu’nun kurulması

    Türkiye’deki emeklilik sisteminin ve emeklilik fonlarının diğer ülkelerle karşılaştırlması, ekonomik öneminin tespiti ve sektörün doğru şekilde büyüyebilmesi için politika önerilerinin ve modellerin geliştirilmesi

    Completed

  • EBRD Environmental and Social Assessment Projects

    2015 – 2018

    Institution: EBRD

    EBRD Environmental and Social Assessment Projects

    Professor Avcı has extensive experience in directing and leading E&S assessment projects. Especially relevant for this Assignment is Professor Avci’ experience in conducting EBRD Assignments and Environmental Health and Safety (EHSESA) Due Diligence Projects. The projects he has been involved in include: • EBRD Assignment ESA ODEAS Electrical Distribution Eskişehir EBRD Assignment ESA Standard Profil…

    Completed

Newsletter Updates

Enter your email address below to subscribe to our helpful newsletter.