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Signature(s)

Amount
€ 150,151,285.93
Countries
Sector(s)
Türkiye : € 150,151,285.93
Credit lines : € 45,045,385.78
Energy : € 105,105,900.15
Signature date(s)
29/11/2016 : € 13,502,269.29
29/11/2016 : € 31,505,295.01
29/11/2016 : € 31,543,116.49
29/11/2016 : € 73,600,605.14
Link to source

Summary sheet

Release date
9 August 2016
Status
Reference
Signed | 01/12/2016
20160262
Project name
Promoter - financial intermediary
ISBANK CLIMATE CHANGE FACILITY II
TURKIYE IS BANKASI AS
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
EUR 300 million
Description
Objectives

Framework loan for the financing of eligible sub-projects in Turkey in the fields of renewable energy and energy efficiency and of small and medium-sized enterprises (SMEs)

The project would contribute to EU renewable energy and environmental policy goals, in particular as regards the climate targets. It meets the EIB's priority objectives for energy sector lending (renewable energy sources, energy efficiency) and would support a priority objective in Turkey's Accession Partnership with the EU.

Environmental aspects
Procurement

Most of the projects are expected to fall under Annex II of the Environmental Impact Assessment (EIA) Directive requiring a screening decision by the competent authority on the need to carry out an EIA. The EIB will ensure, also through the provision of technical assistance, that Isbank will finance projects that are in compliance with the applicable national and EU environmental laws with particular reference to impacts on biodiversity and cumulative impacts.

The EIB will review procurement systems and procedures applied by Isbank during appraisal, including compliance with relevant national legislation and the principles of the relevant EU directives. The EIB will ensure that the sub-projects comply with the Bank's Guide to Procurement.

Link to source
Other links

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - ISBANK CLIMATE CHANGE FACILITY II
Publication Date
11 Oct 2016
Document language
Main Topic
Lending
Document Number
66880954
Document Focus
Environmental Information
Project Number
20160262
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ISBANK CLIMATE CHANGE FACILITY II - Çevresel Etki Değerlendirmesi (In Turkish)
Publication Date
2 Mar 2020
Document language
Main Topic
Lending
Document Number
125685454
Document Focus
Environmental Information
Project Number
20160262
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ISBANK CLIMATE CHANGE FACILITY II
Publication Date
2 Mar 2020
Document language
Main Topic
Lending
Document Number
125691015
Document Focus
Environmental Information
Project Number
20160262
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ISBANK CLIMATE CHANGE FACILITY II - NİHAİ ÇED RAPORU - Servatul WPP
Publication Date
11 Jan 2023
Document language
Main Topic
Lending
Document Number
165922513
Document Focus
Environmental Information
Project Number
20160262
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ISBANK CLIMATE CHANGE FACILITY II - NİHAİ ÇED RAPORU - Alages SEPP
Publication Date
11 Jan 2023
Document language
Main Topic
Lending
Document Number
135272105
Document Focus
Environmental Information
Project Number
20160262
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ISBANK CLIMATE CHANGE FACILITY II
Publication Date
27 Jul 2023
Document language
Main Topic
Lending
Document Number
165362189
Document Focus
Environmental Information
Project Number
20160262
Sector(s)
Countries
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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