European External Action Service

06/03/2026 | News release | Distributed by Public on 06/03/2026 06:57

Strong Support for Türkiye’s Green Transition: EU-Funded Project to Strengthen Türkiye’s Climate Finance Capacity Launched in Ankara

The "Technical Assistance for Strengthening the National Capacity of Climate Finance Project", funded by the European Union, was officially launched at an opening ceremony held in Ankara on 2 June 2026. The Project aims to support the development of a common understanding of climate finance in Türkiye, strengthen coordination among relevant stakeholders and facilitate the more effective implementation of climate investments.

Implemented by the Directorate of Climate Change of the Ministry of Environment, Urbanization and Climate Change, the Project seeks to strengthen Türkiye's institutional and technical capacity in the field of climate finance. In this context, it will support the preparation of the draft National Climate Finance Strategy and the development of the National Green Taxonomy. The Project will also contribute to strengthening the green finance ecosystem, including the development of regulatory frameworks, the strengthening of capital markets and greater engagement of the financial sector in the green transition process.

The opening ceremony was attended by Maria Luisa Wyganowski, Head of Cooperation at the Delegation of the European Union to Türkiye, together with Mehrali Ecer, Deputy President of the Directorate of Climate Change; Bülent Özcan, Director General for Financial Cooperation and Project Implementation at the Directorate for EU Affairs of the Ministry of Foreign Affairs; Assoc. Prof. Dr. İsmail Raci Bayer, Head of the Project Implementation Department at the Ministry of Environment, Urbanization and Climate Change; and Adam Iwaszko, Project Director.

The opening sessions addressed the important role of climate finance in Türkiye's green transition process, current national capacity needs, developments in financial regulation and priorities for supporting climate investments.

The first panel, titled "Financial Regulation, Risk Management and Market Development in the Climate Finance Ecosystem", focused on sustainable finance instruments, green bond and sukuk practices, climate risk management in the banking sector, green credit products, and insurance and risk transfer mechanisms.

European Union, 2026



The second panel, titled "Climate Finance on the Road to COP31: National Capacity, Global Agenda and Implementation Priorities", addressed public finance, international financing sources, investment and project finance, and technical assistance mechanisms.

European Union, 2026



Bringing together representatives of public institutions, the financial sector, international organisations, the private sector, academia and civil society, the event provided an important platform for knowledge exchange and dialogue on the development of Türkiye's climate finance ecosystem.

European External Action Service published this content on June 03, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 03, 2026 at 12:57 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]