EBRD and TaiwanICDF provide €50 million financing to Garanti BBVA Leasing for green technology investments in Turkey
Type: Financing · Technology: Renewable Energy · Country: Turkey · Value: ZAR 50M · Announced: 2026-06-22
The European Bank for Reconstruction and Development (EBRD) and Taiwan International Cooperation and Development Fund (TaiwanICDF) together provide a €50 million financing package to Garanti BBVA Leasing. The package allocates €47 million from EBRD and €3 million from TaiwanICDF to fund green‑technology projects across Türkiye. The financing targets energy‑efficiency upgrades and climate‑resilience measures in businesses operating in regions still recovering from recent earthquakes. By channeling capital to Garanti BBVA Leasing, the deal expands the lenders’ sustainable‑finance portfolio in the Turkish market. The announcement was made on 22 June 2026, positioning the package as a catalyst for low‑carbon investment in the country.