Business · Companies · 2 hrs ago
EBRD expects record $3 billion investment in Türkiye by end of 2026
The European Bank for Reconstruction and Development expects record investment in Türkiye to reach 2.7 billion euros, or $3 billion, by the end of 2026.
The bank says it has invested 2.5 billion euros so far this year, including 1.7 billion euros in green projects, though its president also described the 2.7 billion-euro total as already invested.
EBRD President Odile Renaud-Basso praised Türkiye’s green efforts ahead of the UN climate conference COP31 in Antalya on Nov.
9-20.
The bank’s funding for green projects includes energy efficiency and electrification, and it says it will also invest in Türkiye’s railways to support electrification.
A Türkiye-led platform for cutting emissions from polluting industries has attracted about $426.7 million for new technologies and approaches.
The investments matter because they support Türkiye’s shift to lower-emission energy and industry, while the country prepares to showcase its climate commitments at COP31.
The European Bank for Reconstruction and Development expects its investment in Türkiye to reach a record 2.7 billion euros, or $3 billion, by the end of 2026.
The bank said it had invested 2.5 billion euros in Türkiye so far this year, including 1.7 billion euros in green projects.
EBRD President Odile Renaud-Basso said the bank’s investments support energy efficiency, electrification and other parts of the green transition.
A Türkiye-led industrial decarbonization platform has attracted around $426.7 million in investments.
The EBRD also plans to invest in Türkiye’s railways to support electrification.
- Who
- The European Bank for Reconstruction and Development (EBRD), led by President Odile Renaud-Basso.
- What
- The EBRD expects its investment in Türkiye to reach a record 2.7 billion euros ($3 billion) by the end of 2026.
- When
- By the end of 2026.
- Where
- Türkiye.
- Why
- To support green projects, including energy efficiency, electrification and industrial decarbonization.
This story does not have two clearly opposing sides.
The EBRD said it had invested 2.5 billion euros in Türkiye, including 1.7 billion euros in green projects.
The EBRD expects its total investment in Türkiye to reach 2.7 billion euros ($3 billion).
The 31st UN Climate Change Conference (COP31) is scheduled to be held in Antalya.
- Expected investment
- 2.7 billion euros ($3 billion) by the end of 2026
- Investment so far in 2026
- 2.5 billion euros
- Green projects
- 1.7 billion euros
- TIDIP investments attracted
- Around $426.7 million
- COP31 venue
- Antalya
What people are saying
that is really embracing the green agenda
We are the largest institutional investor, and we have already invested in Türkiye in 2026, even before the end of the year, up to now, that amounts to 2.7 billion euros, of which 1.7 billion euros is in green projects, a large part of which involves energy efficiency, but also electrification and other projects contributing to the green transition