| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 450.00 |
| Borrower/Recipient | 0.06 |
Türkiye Green Industry Project
Abstract*
The project aims to support industrial exporters to align with new requirements in export markets (e.g., CBAM, the green deal, the circular economy action plan, EU product directives), connected to their value chains, develop opportunities for extended green products, and support industrial firms in the adaptation to climate change impacts and adoption of relevant mitigation solutions.
The project will support industrial firms to use resources more... Show More
Development Objective
The PDO is to support an efficient green transformation for industrial firms in Türkiye.
Key Details
Project Details
P179255
Active
Stefka Slavova , Ali Abukumail
The Scientific and Technological Research Council of Türkiye (TUBITAK),The Small and Medium Enterprise (SME) Development Organization of Türkiye (KOSGEB),The Republic of Türkiye, represented by MOTF,The Scientific and Technological Research Council of Türkiye (TÜBITAK),The Small and Medium Enterprises (SME) Development Organization of Türkiye (KOSGEB)
January 10, 2023
(as of board presentation)
June 2, 2023
October 4, 2023
US$ 300.00 million
The Ministry of Industry and Technology (MoIT),The Scientific and Technological Research Council of Türkiye (TÜBITAK),The Small and Medium Enterprises (SME) Development Organization of Türkiye (KOSGEB)
2023
US$ 450.00 million
N/A
November 29, 2023
June 30, 2029
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 450.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 450.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 300.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Nov 6, 2023 | IBRD-95400 | Loan Disb | 625,000.00 |
| Nov 6, 2023 | IBRD-95400 | Fee Charges | 625,000.00 |
| Dec 27, 2023 | IBRD-95400 | Loan Disb | 50,000.00 |
| Mar 22, 2024 | IBRD-95380 | Loan Disb | 78,440.29 |
| Mar 15, 2024 | IBRD-95390 | Int Charges | 199,506.66 |
| Mar 15, 2024 | IBRD-95390 | Int Charges | 10,629.59 |
| Mar 15, 2024 | IBRD-95400 | Int Charges | 14,669.58 |
| Aug 8, 2024 | IBRD-95400 | Loan Disb | 15,282,940.00 |
| May 2, 2024 | IBRD-95400 | Loan Disb | 6,000,000.00 |
| Mar 14, 2024 | IBRD-95390 | Loan Disb | 50,000.00 |
| Apr 15, 2024 | IBRD-95380 | Int Charges | 2,496.36 |
| Apr 15, 2024 | IBRD-95380 | Int Charges | 30,258.38 |
| Apr 15, 2024 | IBRD-95380 | Int Charges | 2,532.23 |
| Jun 6, 2024 | IBRD-95400 | Loan Disb | 7,000,000.00 |
| Jun 12, 2024 | IBRD-95390 | Loan Disb | 5,000,000.00 |
| Jun 2, 2023 | IBRD-95390 | Loan Commitment | 175,000,000.00 |
| Jun 2, 2023 | IBRD-95380 | Loan Commitment | 25,000,000.00 |
| Mar 15, 2024 | IBRD-95400 | Int Charges | 285,030.06 |
| Jun 2, 2023 | IBRD-95400 | Loan Commitment | 250,000,000.00 |
| Jun 14, 2024 | IBRD-95380 | Loan Disb | 46,036.16 |
| Jul 24, 2024 | IBRD-95400 | Loan Disb | 3,950,000.00 |
| Oct 26, 2023 | IBRD-95390 | Fee Charges | 437,500.00 |
| Oct 26, 2023 | IBRD-95390 | Loan Disb | 437,500.00 |
| Oct 23, 2023 | IBRD-95380 | Fee Charges | 60,448.50 |
| Jan 12, 2024 | IBRD-95380 | Loan Disb | 219,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Satisfactory | 2024-10-24 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-10-24 |
| Project Management | Satisfactory | 2024-10-24 |
| Progress towards achievement of PDO | Satisfactory | 2024-10-24 |
| Procurement | Satisfactory | 2024-10-24 |
| Financial Management | Satisfactory | 2024-10-24 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Reduction in water consumption per unit of production by beneficiary firms (%) Value 0.00 0.00 10.00 Date January 31, 2023 September 30, 2023 June 30, 2029 Comment Reduction in uncirculated waste by beneficiary firms (%) Value 0.00 0.00 10.00 Date January 31, 2023 September 30, 2023 June 30, 2029 Comment Reduction in electricity consumption per unit of production by beneficiary firms (%) Value 0.00 0.00 10.00 Date January 31, 2023 September 30, 2023 June 30, 2029 Comment Number of innovative green efficiency solutions introduced by beneficiary firms Value 0.00 0.00 226.00 Date January 31, 2023 September 30, 2023 June 30, 2029 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Firms benefiting from private sector initiatives Value 0.00 0.00 2250.00 Date January 31, 2023 September 30, 2023 June 30, 2029 Comment Firms benefiting from private sector initiatives Value 0.00 0.00 708.00 Date January 31, 2023 September 30, 2023 June 30, 2029 Comment Implemented reforms supporting private sector development Value 0.00 0.00 5.00 Date January 31, 2023 September 30, 2023 June 30, 2029 Comment Out of which are women-owned or led firms benefiting from private sector initiatives Value 0.00 0.00 450.00 Date June 30, 2023 September 30, 2023 June 30, 2029 Comment Out of which are women-owned or led firms benefiting from private sector initiatives Value 0.00 0.00 177.00 Date June 30, 2023 September 30, 2023 June 30, 2029 Comment Amount of private investments mobilized by beneficiary firms ($) Value 0.00 0.00 211000000.00 Date June 30, 2023 September 30, 2023 June 30, 2029 Comment Amount of private investments mobilized by beneficiary firms ($) Value 0.00 0.00 151500000.00 Date June 30, 2023 September 30, 2023 June 30, 2029 Comment Amount of annual electricity generated from solar systems by beneficiary firms Value 0.00 0.00 350.00 Date June 30, 2023 September 30, 2023 June 30, 2029 Comment Number of partnerships formed as a result of the Industrial Innovation Networks Mechanism (SAYEM) Value 0.00 0.00 5.00 Date June 30, 2023 September 30, 2023 June 30, 2029 Comment Number of SMEs reached by green awareness campaigns Value 0.00 0.00 9500.00 Date June 30, 2023 September 30, 2023 June 30, 2029 Comment Reduction of electricity consumption from fossil fuel sources for beneficiary firms (%) Value 0.00 0.00 9.00 Date March 31, 2023 September 30, 2023 June 30, 2029 Comment