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Türkiye Industrial Emissions Reduction Project

Abstract*

The proposed project aims to support Türkiye in reducing industrial air pollutant and GHG emissions. The industrial sector is one of the key emitting sectors of air pollutants and GHG emissions. The project is designed as a series of projects, each of which would focus on key emitting sectors including residential heating and urban transportation. Specifically, the proposed project will finance emission reduction interventions in key polluting industries...

* 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 project development objective is to reduce the emissions of air pollutants and greenhouse gases from selected industry sectors of Türkiye.

Key Details

Project Details

  • P180762

  • Active

  • Daniel Besley , Sarah Moyer

  • TÜRKIYE KALKINMA VE YATIRIM BANKASI A.S. (TKYB)

  • Turkiye

  • November 13, 2023

  • (as of board presentation)

    March 28, 2024

  • August 14, 2024

  • US$ 500.04 million

  • TÜRKIYE KALKINMA VE YATIRIM BANKASI A.S. (TKYB)

  • Europe and Central Asia

  • 2024

  • US$ 416.70 million

  • N/A

  • June 20, 2023

  • November 30, 2029

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 416.70

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 416.70
IDA Commitment N/A
IBRD + IDA Commitment 416.70
Lending Instrument
Grant Amount N/A
Total Project Cost** 500.04

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 28, 2024 IBRD-96680 Loan Commitment 216,700,000.00
Aug 14, 2024 IBRD-96680 Fee Charges 500,000.00
Mar 28, 2024 IBRD-96680 Loan Commitment 200,000,000.00
Aug 14, 2024 IBRD-96680 Loan Disb 551,075.00
Aug 14, 2024 IBRD-96680 Loan Disb 500,000.00
Aug 14, 2024 IBRD-96680 Fee Charges 551,075.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Satisfactory 2024-12-13
Progress towards achievement of PDO Satisfactory 2024-12-13
Overall Implementation Progress (IP) Satisfactory 2024-12-13
Monitoring and Evaluation Satisfactory 2024-12-13
Procurement Satisfactory 2024-12-13
Financial Management Satisfactory 2024-12-13

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.