| Financier | Commitments |
|---|---|
| Partnership for Market Readiness | 2.00 |
Partnership for Market Readiness 2 Project
Development Objective
The development objective(DO) is to support Turkey in developing the legal, institutional and technical framework for piloting an emissions trading scheme (ETS).
Key Details
Project Details
P168730
Closed
Ayse Orucu
Republic of Turkey
September 26, 2018
(as of board presentation)
February 5, 2019
May 1, 2019
US$ 2.00 million
Ministry of Environment and Urbanization
2019
US$ 2.00 million
C
Not Applicable
February 28, 2021
Yes
BANK APPROVED
October 2, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 2.00 |
| Total Project Cost** | 2.00 |
Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025
No data available.
Detailed Financial Activity as of June 30, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2019-05-21 |
| Overall | Moderable | 2019-05-21 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2019-05-21 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 11-06-2021 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Necessary framework for implementation of an ETS pilot in Turkey is ready, as a result of the development the technical, legal, andinstitutional underpinnings, through engaging key stakeholders Value Framework for implementation of an ETS not availab Necessary technical, legal, and institutional fram Necessary framework for implementation of an ETS p Date November 21, 2018 November 21, 2018 June 29, 2021 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Necessary legal studies for initiating and operating a pilot emissions trading scheme are developed in collaboration with the CCAMCB member institutions. Value Such legal studies do not exist Necessary technical, legal, and institutional fram Necessary legal studies for initiating and operati Date November 21, 2018 November 21, 2018 June 29, 2021 Comment An ETS registry is created. Value There is no ETS registry ETS registry is created. an ETS registry is created Date November 21, 2018 November 21, 2018 June 29, 2021 Comment Identification of an ETS cap and a national allocation plan is completed. Value Such studies do not exist ETS cap and a national allocation plan preparation activities have been completed Date November 21, 2018 November 21, 2018 June 29, 2021 Comment Number of stakeholders participated in trainings. Value 0.00 150.00 250.00 Date November 21, 2018 November 21, 2018 June 29, 2021 Comment Number of participants attended to events and workshops. Value 0.00 250.00 560.00 Date November 21, 2018 November 21, 2018 June 29, 2021 Comment Number of public awareness activities and communication materials produced. Value 0.00 10.00 12.00 Date November 21, 2018 November 21, 2018 June 29, 2021 Comment Main elements of a Climate Change Law is drafted Value CC draft Law does not exist Main elements of a climate change law is drafted a draft Climate Law has been prepared and largely di Date November 21, 2018 November 21, 2018 June 29, 2021 Comment Carbon pricing/ETS Regulations are drafted through a consultative process. Value Such regulation drafts are not ready Draft Carbon pricing/ETS Regulations are drafted a Carbon pricing/ETS Regulations are drafted throug Date November 21, 2018 November 21, 2018 June 29, 2021 Comment Number of stakeholders participated in ETS simulation Value 0.00 25.00 100.00 Date November 21, 2018 November 21, 2018 June 29, 2021 Comment Number of female stakeholders participated in trainings Value 0.00 75.00 140.00 Date November 21, 2018 November 21, 2018 June 29, 2021 Comment Number of female participants attended to events and workshops. Value 0.00 100.00 320.00 Date November 26, 2018 November 21, 2018 June 29, 2021 Comment