MICROCAPITAL BRIEF: EBRD Launches GEFF Turkey With $56m Loan to TSKB for On-lending to Reduce, Adjust to Climate Impacts

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development finance institution, is “supporting Turkey’s transition to an environmentally sustainable, low-carbon and climate-resilient economy” through the Green Economy Financial Facility (GEFF) Turkey. The loan package comprises funds from EBRD’s own resources as well as concessional financing from the Clean Technology Fund,