Contribute Information
Can you contribute information about this project?
Contact the EWS Team
As stated by the ADB, the proposed RBL program aims to increase the use of RE through self-generation by municipalities in public facilities. 0ller Bankas1 Anonim ^irketi (0LBANK), a government body responsible for overseeing and providing funds to municipalities for government-approved development projects, has approached ADB for financial assistance to expedite and facilitate municipalities in contributing to the successful implementation of Turkiye's National Energy Plan 2022 as well as Turkiye's Energy Transition Plan of enhancing energy security by increasing the RE share to 120 GWs by 2035 and transition to a carbon-neutral economy by 2053.
The rationale of the proposed program stems from Turkiye's commitment to energy security, fiscal sustainability, and climate action especially in the wake of economic shocks, rising energy prices, and the 2023 earthquakes. Turkiye's energy policy is centered on ensuring affordable energy, enhancing energy security, and liberalizing the energy market. Turkiye's energy sector is at a critical juncture, characterized by rapid growth in energy demand, heavy reliance on imported energy, ambitious targets for renewable energy (RE) adoption, and ongoing efforts to enhance energy security and independence. Rapid economic and population growth in Turkiye over the past 2 decades have not only driven strong growth in energy demand, but also an associated increase in import dependency. As a result, Turkiye has pursued a restructuring of its energy system with the aim of rationalizing energy demand growth, lowering energy prices and slowing the pace of import growth. These reforms have included measures targeted at network modernization, liberalization, increased domestic production capacity, and considerable diversification of its energy mix. Despite Turkiye's strong RE potential and policy commitment, the uptake of distributed RE particularly in the public sector remains limited due to grid constraints, financing gaps, and institutional capacity challenges. The 2023 earthquakes and rising energy prices have further underscored the need for resilient, decentralized, and sustainable energy systems.
The ADB categorized the project E&S risks as follows:
Environment - B
Involuntary Resettlement - B
Indigenous Peoples - C
ADB Team Leader:
Adnan Tareen
Email: atareen@adb.org
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.adb.org/forms/request-information-form
ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.