EBRD’s Investments in Turkey Reach Record High
EBRD’s Investments in Turkey Reach Record High in 2024
The European Bank for Reconstruction and Development (EBRD) has announced that its investments in Turkey reached a record high in 2024. According to the data shared by the bank, EBRD’s investments in Türkiye last year increased by 4 percent compared to the previous year, reaching 2.6 billion euros. This marks the highest annual investment by the bank in Turkey, with 2.5 billion euros invested in 2023 and 1.6 billion euros in 2022.
The increase in investments in Turkey was driven by the private sector’s growing interest in green transformation projects and the ongoing support program for the earthquake zone. Approximately 60 percent of the 2.6 billion euro investment was allocated to green transformation projects, such as renewable energy, sustainable agriculture, and resource efficiency. EBRD also provided significant support to infrastructure projects in the earthquake zone.
Turkey accounted for approximately 16 percent of EBRD’s total investment of 16.6 billion euros in the countries where it operates in 2024, maintaining its position as the country receiving the most investment from the bank for the past five years. Ukraine and Egypt followed Turkey in terms of investment from EBRD.
EBRD Turkey General Manager Elisabetta Falcetti emphasized the importance of the private and public sectors’ commitment to green transformation. She highlighted that the bank’s investments in Turkey are focused on promoting sustainable practices and accelerating the country’s transformation towards a greener economy.
Falcetti also praised Turkey’s steps towards implementing orthodox policies in the economy, stating that a stable investment environment is essential for long-term investments. EBRD has been operating in Turkey for approximately 15 years and has developed effective partnerships with both public and private sector actors. Falcetti expressed confidence in building on the success of EBRD’s investments in Turkey in 2025 and supporting the country’s journey towards becoming a greener, more inclusive, competitive, and integrated economy.
