# Cop31: Turkey signs $5.1bn loan deals to boost green transition

- URL: https://talkfuse.com/story/cop31-turkey-signs-5-1bn-loan-deals-to-boost-green-transition/
- Published: 2026-11-12T11:33:43+00:00
- Updated: 2026-11-12T12:37:17+00:00
- Original publisher: Middle East Eye (publisher lean: Left)
- Original article: https://www.middleeasteye.net/news/cop31-turkey-signs-green-transition-deals
- Topics: Climate, Geopolitics, Politics, Science, World

## Key points

- Turkey signed $5.1bn in green-transition loans.
- Projects include climate action, healthcare and business finance.
- A separate preliminary $15bn China deal targets renewable energy.

## Summary

Turkey signed 10 loan agreements worth $5.1bn with four multilateral development banks at the UN climate conference Cop31, aiming to accelerate its green transition. Treasury and Finance Minister Mehmet Simsek said the financing would help meet investment needs that public budgets cannot cover alone, while supporting jobs and economic growth.

The agreements involve the Asian Development Bank, the Asian Infrastructure Investment Bank, the World Bank and the Islamic Development Bank. They cover areas including climate action, resilient hospitals, healthcare, small businesses, cities, agriculture and industry; separately, Turkey announced a preliminary $15bn deal with China for 7,000 megawatts of solar and wind power, energy storage and electricity transmission infrastructure.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.