Renewables
Turkey Agrees to Record $1.6 Billion Climate Policy Funding Deal
CEII brief
OilPrice.com reported on 12 Nov 2026: Turkey Agrees to Record $1.6 Billion Climate Policy Funding Deal.
Read the full story on OilPrice.comTurkey and the Asian Infrastructure Investment Bank (AIIB) on Thursday agreed on a $1.6-billion climate financing package to support Turkey’s climate goals in the biggest climate-focused deal of the Asian bank to date.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
27.8% of electricity in the world was renewable in 2021Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
