The European Bank for Reconstruction and Development (EBRD) has outlined its investment strategy for Turkey through 2029, focusing on green transition, human capital development, global competitiveness, and infrastructure.

In the past five years, the EBRD has invested nearly EUR10 billion in Turkey, driving progress in green initiatives, digital transformation, and inclusive policies. A record EUR2.5 billion was invested in 2023, including EUR1.5 billion for earthquake recovery efforts.

Key priorities include renewable energy, resource efficiency, decarbonization, and climate resilience. The Bank also aims to promote gender equality, regional inclusion, and skills development while enhancing productivity and governance.

EBRD Managing Director Elisabetta Falcetti highlighted Turkey’s significance as a core market, with over EUR20 billion invested since 2009. Looking ahead, the EBRD projects 2.7% growth in 2024 and 3.0% in 2025 despite challenges such as inflation and geopolitical tensions.