Business · Energy & Commodities · 9 hrs ago
EBRD plans $6 billion for Türkiye clean energy projects over five years
At the COP31 climate conference in Antalya, the EBRD joined Türkiye’s renewable energy platform and said it plans to invest $6 billion in its projects over five years.
The platform covers renewable power, grids, storage and electrification, among other parts of the clean-energy supply chain.
Türkiye’s Energy and Natural Resources Ministry worked with the EBRD to shape the platform.
The platform brings together governments, development groups and investors, including the European Union and World Bank.
It aims to help mobilise $300 billion in investment by 2040 to support Türkiye’s energy transition.
It is also intended to support Türkiye’s vision of reaching 175 gigawatts of installed solar and wind capacity by 2040.
The European Bank for Reconstruction and Development plans to invest $6 billion in clean energy projects in Türkiye over the next five years.
The investment is planned through the Türkiye Renewable Energy Acceleration and Clean Transition Platform, known as REACT.
The platform was launched at an event held as part of COP31, with the EBRD among its founding signatories.
It aims to help mobilise $300 billion for Türkiye’s renewable energy value chain by 2040.
The EBRD says it worked closely with Türkiye’s Ministry of Energy and Natural Resources to shape the platform.
- Who
- The European Bank for Reconstruction and Development (EBRD).
- What
- It plans to invest $6 billion in clean energy projects in Türkiye over five years through the REACT platform.
- When
- Over the next five years, as announced on November 11, 2026.
- Where
- Türkiye.
- Why
- To support Türkiye’s energy transition and help mobilise investment across the renewable energy value chain.
This story does not have two clearly opposing sides.
The REACT platform was launched at a special event, with the EBRD among its first signatories.
The EBRD’s plan to invest $6 billion in REACT projects over five years was reported.
- Planned EBRD investment
- $6 billion over five years
- Platform
- Türkiye Renewable Energy Acceleration and Clean Transition Platform (REACT)
- Investment mobilisation goal
- $300 billion by 2040
- Platform launch setting
- COP31 event
- Türkiye solar and wind vision
- 175 gigawatts of installed capacity by 2040
3 sources
What people are saying
EBRD is ready to build on its significant presence in Türkiye’s energy sector by mobilising investment and deploying its expertise to support the country’s energy transition.
We welcome Türkiye’s determination to turn its ambitious goals into investment and action.