| Financier | Commitments |
|---|---|
| Borrower/Recipient | 2.65 |
| Partnership for Market Readiness | 3.35 |
PMR TURKEY
Development Objective
The Project Development Objective (PDO) is to assist Turkey implement a greenhouse gas Monitoring, Reporting, and Verification (MRV) pilot in the electricity sector, based on Turkey’s MRV regulation, and to provide analytical information for the establishment of a carbon market in Turkey.
Key Details
Project Details
P126101
Closed
Ayse Orucu
Republic of Turkey
July 19, 2012
(as of board presentation)
December 30, 2013
December 23, 2011
US$ 6.00 million
Ministry of Environment and Urbanization
2014
US$ 3.35 million
C
Not Applicable
December 31, 2018
TBD
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 | 3.35 |
| Total Project Cost** | 6.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2015-06-30 |
| Project Management | Moderately Satisfactory | 2015-06-30 |
| Counterpart Funding | Satisfactory | 2015-06-30 |
| Progress towards achievement of PDO | Satisfactory | 2015-06-30 |
| Financial Management | Satisfactory | 2015-06-30 |
| Monitoring and Evaluation | Satisfactory | 2015-06-30 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2015-06-30 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-28-2019 |
|---|---|
| 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 |
|---|
Submission of a Carbon Markets Policy Options Document to the Coordination Board on Climate Change (CBCC) Value No Yes Yes Date January 1, 2014 June 30, 2017 December 28, 2018 Comment Piloting of the MRV system in the electricity sector Value No Yes Yes Date January 1, 2014 June 30, 2017 December 28, 2018 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Background Analytical Reports Feeding into the final Policy Options Report Value 0.00 4.00 4.00 Date January 1, 2014 June 30, 2017 December 28, 2018 Comment Monitoring and Verification Protocols to be Developed Value No Yes Yes Date January 1, 2014 June 30, 2017 December 28, 2018 Comment