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You are here: Home / cat / EBRD and QNB Leasing Expand Green Financing to Support Earthquake Recovery in Türkiye

EBRD and QNB Leasing Expand Green Financing to Support Earthquake Recovery in Türkiye

Dated: May 22, 2026

The European Bank for Reconstruction and Development (EBRD) has announced a financing package of up to €50 million in partnership with QNB Leasing to support green investment and economic recovery in earthquake-affected regions of Türkiye.

The initiative is part of the Türkiye Green Economy Financing Facility III (GEFF III), a €1 billion programme designed to accelerate private-sector investment in sustainable and climate-resilient projects while strengthening post-disaster recovery efforts.

The financing package includes up to €47 million from the EBRD and a concessional loan of up to €3 million from the TaiwanICDF. At least 30% of the funding will be directed toward green investments in areas impacted by the February 2023 earthquakes, helping businesses rebuild with more resilient and energy-efficient infrastructure.

Under the programme, QNB Leasing will channel funds to small and medium-sized enterprises and private-sector clients investing in renewable energy, energy efficiency, sustainable agriculture, and green building solutions. The goal is to support both environmental sustainability and long-term economic recovery in affected regions.

Oksana Yavorskaya said the financing will help expand access to affordable green finance while supporting reconstruction in areas where recovery needs remain high. She emphasized the importance of combining climate goals with post-disaster rebuilding efforts.

Osman Taş said the partnership will strengthen access to funding for SMEs and support the transition toward more sustainable and resilient business models, particularly in earthquake-affected regions.

Officials noted that QNB Leasing has an established track record in green finance and will play a key role in delivering climate-related investment solutions across Türkiye.

The EBRD has invested more than €24.4 billion in Türkiye since 2009, primarily supporting private-sector development, infrastructure modernization, and sustainable economic growth.

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