According to the Bank’s website, the development objective is to increase the use of renewable energy in public facilities.
The project comprises of four components:
1)The first component, RE investments in central government facilities will support investments in central government and central-government-affiliated facilities (for example, public buildings under central ministries, universities, and hospitals) and will be implemented by the General Directorate of Construction Affairs (GDCA) under the Ministry of Environment, Urban and Climate Change (MoEUCC). It consists of following sub-components: (i) RE investments in central government facilities; and (ii) pilot to combine RE investments with heat pump installation in central government facilities.
2)The second component, RE investments in municipalities will finance design, design review and supervision of installation and works, and investments in RE installations in municipalities, through a financing mechanism to be established and operated by Iller Bankasi A.S. (ILBANK) to provide sub-loans to the municipalities. The third component, technical assistance and project implementation support will finance project management and implementation support activities. It consists of following sub-components: (i) technical assistance and project implementation support for Ministry of Environment, Urbanization, and Climate Change (MoEUCC); and (ii) technical assistance and project implementation support for ILBANK. The fourth component, contingent emergency response component (CERC) will allow the Government of Turkiye to respond promptly and effectively to an eligible emergency or crisis, that is a natural or human-made disaster or crisis that has caused or is likely to imminently cause a major adverse economic and or social impact by requesting a rapid reallocation of project funds.
MINISTRY OF ENVIRONMENT, URBANIZATION AND CLIMATE CHANGE
Head of Foreign Investments Department General Directorate o
FOR MORE INFORMATION CONTACT
The World Bank
1818 H Street, NW
Washington, D.C. 20433
Telephone: (202) 473-1000
Almudena Mateos Merino, Manuel Jose Millan Sanchez
Senior Energy Specialist
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