World Bank Board
World Bank's contribution to Türkiye reaches $3.7 billion
With the approved loan of $600 million, the amount of financing provided by the World Bank for Türkiye in 2024 is close to $3.7 billion, Treasury and Finance Minister Mehmet Şimşek has announced.
World Bank provides financing for greening of Turkish firms
The World Bank Board has approved a $155 million loan for the greening of firms through equity financing, and mobilized private capital and expanded climate financing in Türkiye's capital markets.
The funds will be channeled by the Industrial Development Bank of Türkiye (TSKB), which will use them to partially capitalize a Türkiye Green Fund (TGF), the World Bank said in a statement.