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Pollution Reduction in the Marmara Sea

Abstract*

Country context: Türkiye has achieved remarkable economic and social development results since the early 2000s and is now the 19th-largest economy in the world. Over the past decade, however, productivity growth has slowed as reform momentum has waned and large inequalities remain across socio-economic groups and gender. The country experienced an accelerating economic recovery in 2021 amidst the COVID-19 pandemic and projected rising macro-financial...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The proposed Project Development Objective (PDO) is to reduce wastewater pollution from targeted municipalities and industries in selected areas around the Sea of Marmara, increase private sector participation in pollution reduction, strengthen institutional capacity to manage wastewater pollution, and improve the response capacity of the Borrower in case of an emergency.

Key Details

Project Details

  • P179244

  • Dropped

  • Maged Hamed , Verena Schaidreiter

  • Ministry of Treasury and Finance,ILBANK A.S.,Ministry of Treasury and Finance

  • Turkiye

  • April 14, 2023

  • (as of board presentation)

    N/A

  • N/A

  • US$ 300.00 million

  • Ministry of Environment, Urbanization and Climate Change,ILBANK,Ministry of Environment, Urbanization and Climate Change

  • Europe and Central Asia

  • 2026

  • US$ 300.00 million

  • N/A

  • Substantial

  • N/A

  • Yes

  • CONCEPT REVIEW

  • May 10, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 300.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 300.00
IDA Commitment N/A
IBRD + IDA Commitment 300.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 300.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.