CARF / Center for Applied Research in Finance

CARF is Türkiye’s leading interdisciplinary research hub dedicated to advancing innovation and sustainability in finance. Established as an Advanced Research Laboratory under Law No. 6550, CARF integrates academic expertise, technology, and policy to design data-driven, transparent, and resilient financial systems. Its core research domains—Financial Technologies, Sustainability and Socio-Environmental Systems, Finance and Corporate Governance—collectively address the transformation of economies toward more responsible, inclusive, and technology-enabled development. Through pioneering projects on carbon markets, ESG integration, circular economy, and fintech innovation, CARF aims to strengthen Türkiye’s position as a regional leader shaping the future of sustainable and digital finance.