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Positivebloomberght.com · · TR
EBRD'den yeşil enerji dönüşüme bugüne kadar 14 milyar euro
Executive Summary
AI-generatedThe European Bank for Reconstruction and Development (EBRD) announced that it has dedicated 14 billion euros to supporting Turkey's green energy transformation, which constitutes over half of the bank's total investments in the country. President Odile Renaud-Basso made the statement during the Global Finance Summit at COP31, emphasizing Turkey's economic resilience and commitment to sustainable growth. The EBRD stressed that renewable energy is now cost-competitive and crucial for mitigating global energy risks.
Key Insights
- EBRD has invested 14 billion euros in Turkey's green energy transition.
- This investment represents more than half of the EBRD's total financial commitment to Turkey.
- The statement was delivered during the Global Finance Summit held at COP31 in Turkey.
- Renaud-Basso praised Turkey's economic agility and resilience despite facing difficult periods.
- Turkey has set an ambitious goal of achieving 175 gigawatts of solar and wind energy by 2040.
- The bank noted that renewable energy is now cheaper and offers a better return on investment compared to traditional power generation.
Topic context
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