AIIB, Türk Eximbank sign $300 million Türkiye financing package for green investment and resilience

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AIIB-Türk Eximbank green financing

Highlights

AIIB and Türk Eximbank signed two sovereign-backed loans totaling $300 million at COP31 in Antalya, targeting green investments and economic resilience.
The $100 million sustainable infrastructure loan supports Türkiye's private sector in renewable energy, energy efficiency, clean mobility, and climate adaptation projects to meet climate goals.
The $200 million economic resilience loan provides liquidity to businesses, with a portion designated for SMEs in the 11 provinces hit by the 2023 earthquakes to mitigate long-term economic impacts.

Loan package targets green projects and exporter support

As reported by AIIB, the Asian Infrastructure Investment Bank and Türkiye İhracat Kredi Bankası A.Ş., known as Türk Eximbank, sign two sovereign-backed loans totaling $300 million at COP31 in Antalya. The financing includes a $100 million loan for sustainable infrastructure and green energy investments and a $200 million loan for economic resilience through liquidity support under AIIB’s Energy, Food Security and Economic Resilience Facility.

AIIB says the combined package is designed to help Türkiye’s export-oriented private sector manage heightened external economic shocks and uncertainty while supporting the country’s green transition. The bank adds that the projects use Türk Eximbank’s existing financing channels to direct funding to eligible beneficiaries.

Kim-See Lim, AIIB’s chief investment officer for financial intermediaries and funds clients, says the loans are structured to advance Türkiye’s climate goals while addressing near-term economic pressures. Ajay Bhushan Pandey, AIIB vice president for investment solutions, says the fourth financing with Türk Eximbank reflects a long-standing partnership focused on sustainable and inclusive growth.

Funding supports climate goals and disaster-hit regions

The sustainable infrastructure loan provides long-term financing to eligible private-sector entities in Türkiye for renewable energy, energy storage, energy efficiency, clean mobility and climate adaptation investments. AIIB says the $100 million facility is intended to mobilize capital for green and climate-resilient projects, support the adoption of green technologies and reduce dependence on imported fuels.

The lender also says the facility helps prepare Türkiye’s export sector for the European Union’s Carbon Border Adjustment Mechanism. The separate $200 million economic resilience loan provides liquidity support to eligible businesses, including small and medium-sized enterprises, to help them maintain operations during external shocks.

A portion of the resilience financing is earmarked for borrowers in the 11 provinces affected by the 2023 earthquakes, with the aim of reducing the disaster’s long-term economic effects. Türk Eximbank CEO Ali Güney says the latest agreements build on cooperation that began during the COVID-19 pandemic and deepen support for Turkish exporters in renewable energy generation, green infrastructure and resilience projects.

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