๐ Tender Overview
Project ID: 56327
Status: Passed Final Review, Pending Approval
Location: Tรผrkiye
Business Sector: Financial Institutions
Notice Type: Private
Project Description
A senior unsecured loan of up to EUR 25 million (or its USD equivalent) in favour of Burgan Bank A.S. ("BB"), for on-lending to sub-borrowers implementing green economy investments including, among others, energy efficiency, renewable energy and climate resilience measures under the Tรผrkiye Green Economy Financing Facility II ("GEFF II").
Project Objectives
BB will direct funds to the real economy, supporting delivery of EBRD's Green transition quality. Proceeds of the loan will be dedicated to financing green economy investments, in a gender responsive way, in line with the GEFF II Framework's technical eligibility criteria as defined in the Policy Statement.
Transition Impact
ETI score:70
70
The Project will contribute to Green, TI quality under GEFF II Tรผrkiye.
Green: The Framework and the proposed project will promote the transition to environmentally
sustainable, low-carbon, and climate-resilient economy in Tรผrkiye.