EBRD commits $6bn to Türkiye REACT platform for renewables over five years

The European Bank for Reconstruction and Development announced a $6bn investment commitment to Türkiye's REACT platform, a renewable energy and climate technology initiative, over the next five years. The pledge, made at COP31, signals sustained multilateral financing for Türkiye's energy transition, though project-level allocations and disbursement timelines remain unspecified. This reinforces Türkiye's position as a key EBRD market and supports its renewable energy expansion goals.

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