Reuters exclusively reports Turkey set to receive 3.1 bln euro loans to help Paris climate goals - Reuters News Agency
Business & FinanceEnergy

Reuters exclusively reports Turkey set to receive 3.1 bln euro loans to help Paris climate goals

Reuters exclusively reported that Turkey is set to receive loans worth 3.1 billion euros to help it meet clean energy goals set out in the Paris climate accord, under a planned deal funded by the World Bank, France, and Germany. Turkey became the last country in the G20 group of major economies to ratify the Paris accord, after demanding for years that it must first be re-classified as a developing country, which would entitle it to funds and technological help. Most of the money would come from the World Bank, which would provide 2 billion euros in finance, with France putting forward up to one billion euros and Germany just over 200 million euros.

Article Tags
Topics of Interest: Business & FinanceEnergy
Type: Reuters Best
Sectors: Business & Finance
Regions: Middle East
Countries: Turkey
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
Turkey-COP26
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