Climate Finance Programme Türkiye
Within the framework of a multilateral Memorandum of Understanding (MoU) between Türkiye and six development partners, the German government has pledged concessional loan financing of EUR 200 million for additional climate change mitigation measures in Türkiye. The loan financing is provided by Kreditanstalt für Wiederaufbau (KfW) under an untied financial loan (UFK). In order to ensure the promotion of particularly ambitious and innovative measures, the UFK loan is flanked by investment cost subsidies. This funding will ensure a high level of ambition in climate financing and to make projects possible that go beyond standard technical and commercial practice. In addition to the investment cost subsidies, capacity building and market development measures are also implemented.
- Countries
- Türkiye
- IKI funding
- 20,000,000.00 €
- Duration
- 03/2023 till 02/2028
- Status
- open
- Implementing organisation
- KfW Entwicklungsbank
- Political Partner
-
- Ministry of Environment, Urbanization and Climate Change (MoEUCC) - Türkiye
- Ministry of Treasury and Finance of the Republic of Türkiye
- Implementing Partner
-
- Climate Change Presidency
- Development and Investment Bank of Turkey (TKYB)
- Industrial Development Bank of Turkey (TSKB | Türkiye Sınai Kalkınma Bankası)
State of implementation/results
- By July 2026, investment grants totalling EUR 18.8 million had been approved for projects. The funding is primarily being channelled into the expansion of renewable energy generation, but also into the promotion of key technologies for the energy transition, such as large-scale battery storage and efficient heat pumps.
- The funding will create 19.1 MW of generation capacity, generating 34.8 GWh of green electricity annually and preventing 12,200 tonnes of CO₂ emissions.
Latest Update:
09/2026
Project relations
Legend:
The link has been copied to the clipboard