EBRD’s loans to support climate resilience in Turkey and green investments in Jordan
The European Bank for Reconstruction and Development (EBDR) has recently announced two new loans to support, on one side, climate resilience in Turkey with € 12 million, on the other side, green investments in Jordan with $10 million.
€ 12 million loans to support Turkish company May Seed
Since 2009 the European Bank for Reconstruction and Development has invested more than €16 billion in 376 projects in Turkey, 87% of those in the private sector, focusing on strengthening financial resilience, fostering the knowledge of the economy, promoting inclusion and accelerating the shift to the green economy. EBRD has recently announced a new loan to provide €12 million to May Seed, one of the leading seed producers in the country, which has already won the Gold Award in the category of Gender and Inclusion in the EBRD’s 2021 Sustainability Awards.
The purpose of the loan is to h