Türkiye secures funds from EIB for green transition
Türkiye has secured 200 million euros ($215 million) from the European Investment Bank (EIB) to back its green economic transition, marking a significant step in the country’s reviving financial ties with the European Union.
The Treasury and Finance Ministry announced yesterday that the funding will be split into two equal parts under a Treasury repayment guarantee.
One 100-million-euro tranche will be channeled through the Development and Investment Bank of Türkiye to support sustainable industrial investments. The remaining 100 million euros will be allocated via the Export Credit Bank of Türkiye, known as Türk Eximbank, to finance green initiatives for Turkish exporters.
Treasury and Finance Minister Mehmet Şimşek said the agreement highlights growing cooperation with the EIB and a broader positive momentum in Türkiye’s relationship with the EU.
