The European Bank for Reconstruction and Development is providing a €50 million financing package to Garanti BBVA Leasing to help businesses in Türkiye access green, resource-efficient and climate-resilient technologies. The support is designed to strengthen business resilience while promoting long-term investment in sustainable growth.
The financing package includes €47 million from the EBRD and €3 million from the TaiwanICDF. The additional support from TaiwanICDF aims to address affordability barriers and help green investment reach businesses and regions where financing is most needed.
The package is being provided under the Türkiye Green Economy Financing Facility III programme. It will help businesses invest in technologies and measures that reduce energy consumption, cut emissions and improve operational continuity during climate and economic shocks.
Garanti BBVA Leasing is one of Türkiye’s leading leasing companies and has branches in regions severely affected by the February 2023 earthquakes. At least 30 percent of the financing will be directed toward green investment in earthquake-affected areas.
This targeted support will help local enterprises rebuild in a more sustainable and resilient way. By improving access to green technologies, the facility aims to support recovery while encouraging businesses to adopt cleaner and more efficient operating models.
The EBRD said the project combines green finance with support for earthquake-hit regions. The financing is expected to help companies rebuild sustainably, expand access to climate-friendly technologies and invest in a cleaner and more resilient future.
Garanti BBVA Leasing said sustainability is a strategic priority and an important part of its business model. The company said the financing will help customers transition toward a low-carbon economy while strengthening their ability to manage future challenges.
The project will also include gender-focused measures and training programmes. These activities will help end borrowers develop green skills, improve technical capacity and gain access to new technologies.
The financing reflects the EBRD’s wider role as one of Türkiye’s key investors. Since 2009, the Bank has committed more than €23 billion in the country, with much of its investment focused on the private sector.
Overall, the EBRD-Garanti BBVA Leasing partnership will support green transformation, business resilience and sustainable recovery in Türkiye. By combining climate finance, regional recovery support and skills development, the facility is expected to help businesses invest in energy efficiency, emissions reduction and long-term competitiveness.
