Turkiye Green Industry Project (WB-P179255)

  • Turkiye
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 2, 2023
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Government of Turkey
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Industry and Trade
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 450.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jun 12, 2023

Disclosed by Bank Jan 10, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the World Bank, the project development objective is to support an efficient green transformation for industrial firms in Türkiye.
The implementing agencies are: the Scientific and Technological Research Council of Türkiye (TUBITAK), the Small and Medium Enterprise Development Organization of Türkiye
(KOSGEB), and the Ministry of Industry and Technology.

The project has three components:
1) Support manufacturing SMEs improve their energy and resource performance and reduce their carbon emissions (US$250 million), which will be managed by the KOSGEB and aims to provide reimbursable grants for investments in renewable energy, resource efficiency, and circular economy;
2) Support the Green Innovation of Enterprises (US$175 million), which will be managed by the TUBITAK and aims to provide reimbursable grants for green firm-level and platform-level innovations (product and process); and
3) Project management and institutional development (US$25 million), which will be managed by MOIT/DGI and aims to coordinate project activities, define an eligible green technology taxonomy, provide technical assistance to MOIT and partners, qualify and certify green transformation experts, establish a green knowledge management system for industries, and provide awareness to firms about the project activities and results.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

World Bank Team Leaders:

Stefka Slavova - Lead Economist
Ali H. Abukumail - Senior Private Sector Specialist

No contacts available at the time of disclosure.

Borrower - Republic of Turkiye, represented by MOTF:

Mr. Kerem Dönmez - Acting Director General, General Directorate of Foreign Economy
Email: kerem.donmez@hmb.gov.tr

Implementing Agencies -

Scientific and Technological Research Council of Türkiye (TUBITAK):

Ms. Hande Alpaslan - Head of Department, STI Policy
Email: hande.akce@tubitak.gov.tr
Website: https://www.tubitak.gov.tr/en/
Address: Tunus Caddesi No:80, 06680 Kavaklidere, Ankara
Phone: +90312 468 5300 / +90312 298 1000

Small and Medium Enterprise Development Organization of Türkiye (KOSGEB):

Dr. Faruk Kahvecioglu - Head of Department
Email: faruk.kahvecioglu@kosgeb.gov.tr
Website: https://en.kosgeb.gov.tr/
Address: KOSGEB Headquarters, Haci Bayram Mah., Istanbul Cad. No:32, 06050 Ulus/Altindag, Ankara
Phone: +90 312 595 28 00
Fax: +90 312 368 07 15

Ministry of Industry and Technology:

Dr. Ali Murat Surekli - Deputy Director General
Email: alimurat.surekli@sanayi.gov.tr
Website: https://www.sanayi.gov.tr/index.html?lang=en


To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission


The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

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How it works