trthaber.com

trthaber.com · · TR

Positive

EBRD'den Türkiye'nin yeşil dönüşümüne 14 milyar euroluk katkı

Executive Summary

AI-generated

During the Global Finance Summit at COP31, EBRD President Odile Renaud-Basso announced that the bank has allocated 14 billion euros toward supporting Turkey's green energy transition. She emphasized that this significant investment reflects EBRD's commitment to Turkey's sustainable economic transformation and resilience. Renaud-Basso also highlighted the necessity of renewables due to rising climate risks and volatile global energy prices.

Key Insights

  • EBRD has invested 14 billion euros in Turkey's green energy sector, constituting over half of the bank's total investments in the country.
  • The EBRD views green transformation as its primary focus in direct investments within Turkey.
  • The bank praised Turkey's economic agility and resilience, noting its capacity for continuous growth despite challenging periods.
  • Turkey has set an ambitious goal of achieving 175 gigawatts of solar and wind energy capacity by 2040.
  • Renaud-Basso stressed that renewable energy is now cost-effective and crucial for mitigating risks posed by climate change and geopolitical energy volatility.

Topic context

Related topics

The full article is on the original publisher site.

Related stories

About the publisher

TRT Haber is the news service of Turkish Radio and Television Corporation, the country's public broadcaster.

EBRD'den Türkiye'nin yeşil dönüşümüne 14 milyar euroluk katkı — News Analysis