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EBDR supports Turkey’s $11 billion green energy plan

By District Energy posted 01-15-2018 00:00


Climate Action Programme


The European Bank for Reconstruction and Development (EBRD) has backed Turkey’s newly inaugurated National Energy Efficiency Action Plan (NEAP) which aims to reduce the country’s energy consumption by 14 percent by 2023.

The plan sets out energy efficiency measures to set the country well on course to prepare for its increasing energy needs without augmenting its carbon emissions.

Arvid Tuerkner, EBRD Managing Director for Turkey, said: “This is a major step towards making a rapidly expanding economy also much more energy efficient”.

"The plan builds on the realisation that a sustainable, efficient and prudent generation and consumption of energy is crucial for both economic growth and a sound environment”, he added.

According to government figures, Turkey has the highest growth rate of energy demand among all OECD member countries.

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