The OPEC Fund for International Development (OPEC Fund) has signed a €50 million loan agreement with the Industrial Development Bank of Türkiye (TSKB).
The funding will support renewable energy, energy efficiency, climate adaptation, climate-related equipment production, and circular economy projects. The loan, arranged through Türkiye’s Ministry of Treasury and Finance, marks the first collaboration between OPEC Fund and TSKB, supporting the country’s efforts towards a sustainable and low-carbon economy.
