"World Bank approves Environment and Energy loan to Turkey for 519 million euros
Michael Roberts - 17.06.2010
The World Bank ’s Board of Executive Directors on Monday approved a Second Environmental Sustainability and Energy Sector Development Policy Loan (ESES-DPL 2) for Turkey in the amount of Euro 519.6 million (US$ 700 million equivalent).
Turkey’s energy and environment program, supported by the ESES DPL 2, aims to enhance energy security by promoting private sector clean technology investments and operations; to integrate principles of environmental sustainability, including climate change considerations in key sectoral policies and programs; and to improve the effectiveness and efficiency of environmental management in the context of harmonization with the Environmental Acquis of the European Union."
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